Home Values

28701 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

$210,800

  • 4.8% 1-year change
  • 1.8% 1-year forecast

The median home value in 28701 is $210,800. 28701 home values have gone up 4.8% over the past year and Zillow predicts they will rise 1.8% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 28701 12.7 homes are foreclosed (per 10,000). This is lower than the Alexander value of 13.6 and also greater than the national value of 3.5

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 28701 homeowners underwater on their mortgage is 9.2%, which is higher than Alexander at 6.2%.

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Relative ZHVI
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28701 Market Overview

Data through May 31, 2015
  • $210,800 ZHVI
  • 1.8% 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
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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28701 Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 9.2% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
28804 $282,000
28787 $222,100
28801 $220,000
Name Median ZHVI
28803 $201,700
28748 $198,000
28805 $195,500
Name Median ZHVI
28709 $191,300
28715 $177,600
28806 $163,100

Listings & Sales

  • No data
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28701 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,303 28701
    $1,290 Alexander
    $1,367 United States

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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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