Albemarle Metro 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

$118,200

  • -1.3% 1-year change
  • None 1-year forecast

The median home value in Albemarle Metro is $118,200. Albemarle Metro home values have declined -1.3% over the past year.

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 Albemarle Metro is 3.2%, which is lower than the national value of 6.0%.

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Relative ZHVI
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Albemarle Metro Market Overview

Data through Jul 31, 2015
  • $118,200 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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Albemarle Metro Market Health

Data through Jul 31, 2015
  • 6.0/10 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.
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • 3.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4 North Carolina
4 United States
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Cities in Albemarle Metro

Name Median ZHVI
Stanfield $152,700
Norwood $122,200
New London $121,700
Name Median ZHVI
Oakboro $114,700
Albemarle $97,300
 

Listings & Sales

  • No data
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Albemarle Metro Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $995 Albemarle Metro
    $1,137 North Carolina
    $1,376 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
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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