Home Values

31301 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

$111,300

  • -2.9% 1-year change
  • 1.3% 1-year forecast

The median home value in 31301 is $111,300. 31301 home values have declined -2.9% over the past year and Zillow predicts they will rise 1.3% within the next year. The median price of homes currently listed in 31301 is $114,900. The median rent price in 31301 is $875, which is lower than the Allenhurst median of $925.

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 31301 is 5.7%, which is lower than the national value of 6.4%. 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 31301 homeowners underwater on their mortgage is 34.4%, which is the same as Allenhurst at 34.4%.

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Relative ZHVI
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31301 Market Overview

Data through Dec 31, 2014
  • $111,300 ZHVI
  • 1.3% 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
    (Dec 31, 2015)
  • $114,900 Median listing price
  • No data Median sale price
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31301 Market Health

Data through Dec 31, 2014
  • 1.5/10 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.
  • No data Average days on Zillow
  • 34.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
31324 $218,500
31320 $160,600
31419 $137,600
Name Median ZHVI
31545 $108,700
31313 $105,400
31546 $103,800

Listings & Sales

Data through Dec 31, 2014
  • $79 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.9% Listings with price cut
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31301 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,078 31301
    $1,084 Allenhurst
    $1,345 United States

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

  • No data Breakeven horizon
  • $875 Rent list price
  • $0.63 Rent list price / sq ft
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