Home Values

Alamance County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$121,400

  • 2.4% 1-year change
  • 2.7% 1-year forecast

The median home value in Alamance County is $121,400. Alamance County home values have gone up 2.4% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Alamance County is $89, which is the same as the Burlington Metro average of $89. The median price of homes currently listed in Alamance County is $149,900 while the median price of homes that sold is $131,750. The median rent price in Alamance County is $695, which is the same as the Burlington Metro median of $695.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Alamance County is 5.1%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Alamance County homeowners underwater on their mortgage is 15.5%, which is the same as Burlington Metro at 15.5%.

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Relative ZHVI
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Alamance County Market Overview

Data through Oct 31, 2014
  • $121,400 ZHVI
  • 2.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $149,900 Median listing price
  • $131,750 Median sale price
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Alamance County Market Health

Data through Oct 31, 2014
  • 2.8/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 132 Average days on Zillow (Sep 30, 2014)
  • 15.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Cities in Alamance County

Name Median ZHVI
Elon $165,400
Mebane $155,400
Snow Camp $145,500
Name Median ZHVI
Glen Raven $108,000
Graham $104,200
Haw River $83,300
Name Median ZHVI
Green Level $69,400
 
 

Listings & Sales

Data through Oct 31, 2014
  • $89 Median list price / sq ft
  • $89 Median sale price / sq ft
  • 35.6% Listings with price cut
27.6%
Sold below listing
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Alamance County Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $895 Alamance County
    $895 Burlington Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $695 Rent list price
  • $0.72 Rent list price / sq ft
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