Home Values

31705 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

$61,000

  • 4.8% 1-year change
  • 2.9% 1-year forecast

The median home value in 31705 is $61,000. 31705 home values have gone up 4.8% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in 31705 is None. The median rent price in 31705 is $475, which is lower than the Albany median of $500.

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 31705 homeowners underwater on their mortgage is 27.8%, which is higher than Albany at 25.8%.

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Relative ZHVI
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31705 Market Overview

Data through Apr 30, 2015
  • $61,000 ZHVI
  • 2.9% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $50,000 Median sale price
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31705 Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 27.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
31721 $134,700
31707 $79,300
31701 $51,300

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $39 Median sale price / sq ft
  • No data Listings with price cut
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31705 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $612 31705
    $795 Albany
    $1,364 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $475 Rent list price
  • $0.50 Rent list price / sq ft
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