Aledo Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Aledo is $103, which is higher than the Dallas-Fort Worth Metro average of $101. The median price of homes currently listed in Aledo is $204,900 while the median price of homes that sold is $146,420. The median rent price in Aledo is $1,250, which is lower than the Dallas-Fort Worth Metro median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Aledo 8.3 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 4.2 and also greater than the national value of 4.3

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 Aledo is 2.8%, 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 Aledo homeowners underwater on their mortgage is 6.2%, which is lower than Dallas-Fort Worth Metro at 10.4%.

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Relative ZHVI
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Aledo Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $204,900 Median listing price
  • No recent data Median sale price
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Aledo Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 6.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

8.3 homes(Jul 31, 2014) Aledo
4.2 homes Dallas-Fort Worth Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Annetta $238,200 Hudson Oaks $221,600 Cresson $215,800
Willow Park $188,800 Lakeside $175,800 Benbrook $133,800
Weatherford $126,000 Westworth Village $87,400 White Settlement $70,200

Listings & Sales

Data through Aug 31, 2014
  • $103 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 45.7% Listings with price cut
25.0%
Sold below listing
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Aledo Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,576 Aledo
$1,407 Dallas-Fort Worth Metro
$1,328 United States
  • 1.4 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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