Home Values

Austell 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

$109,600

  • 16.3% 1-year change
  • 6.0% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median home value in Austell is $109,600. Austell home values have gone up 16.3% over the past year and Zillow predicts they will rise 6.0% within the next year. The median list price per square foot in Austell is $66, which is lower than the Atlanta Metro average of $93. The median price of homes currently listed in Austell is $100,000 while the median price of homes that sold is $116,175. The median rent price in Austell is $1,025, which is lower than the Atlanta Metro median of $1,100.

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 Austell is 6.0%, 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 Austell homeowners underwater on their mortgage is 44.3%, which is higher than Atlanta Metro at 27.1%.

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Relative ZHVI
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Austell Market Overview

Data through Dec 31, 2014
  • $109,600 ZHVI
  • 6.0% 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)
  • $100,000 Median listing price
  • $116,175 Median sale price
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Austell Market Health

Data through Dec 31, 2014
  • 4.0/10 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
  • 44.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Vinings $414,300
Marietta $217,000
Smyrna $193,600
Name Median ZHVI
Atlanta $165,500
Mableton $136,100
Powder Springs $119,800
Name Median ZHVI
Douglasville $117,200
Hiram $115,400
Lithia Springs $92,100

Listings & Sales

Data through Dec 31, 2014
  • $66 Median list price / sq ft
  • $69 Median sale price / sq ft
  • 12.0% Listings with price cut
27.0%
Sold below listing
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Austell Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,069 Austell
    $1,228 Atlanta Metro
    $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

  • 0.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,025 Rent list price
  • $0.69 Rent list price / sq ft
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