Home Values

Austintown 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

$71,500

  • -7.4% 1-year change
  • 0.5% 1-year forecast

The median home value in Austintown is $71,500. Austintown home values have declined -7.4% over the past year and Zillow predicts they will rise 0.5% within the next year. The median list price per square foot in Austintown is $56, which is lower than the Youngstown Metro average of $56. The median price of homes currently listed in Austintown is $72,500 while the median price of homes that sold is $55,633. The median rent price in Austintown is $675, which is higher than the Youngstown Metro median of $595.

Foreclosures will be a factor impacting home values in the next several years. In Austintown 0.8 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

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 Austintown is 5.3%, which is lower than the national value of 6.3%. 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 Austintown homeowners underwater on their mortgage is 19.2%.

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Relative ZHVI
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Austintown Market Overview

Data through Feb 28, 2015
  • $71,500 ZHVI
  • 0.5% 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
    (Feb 29, 2016)
  • $72,500 Median listing price
  • $55,633 Median sale price (Dec 31, 2014)
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Austintown Market Health

Data through Feb 28, 2015
  • 0.9/10 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
  • 19.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Canfield $146,400
North Jackson $125,000
Mineral Ridge $100,400
Name Median ZHVI
Boardman $86,600
Mc Donald $75,600
Girard $67,500
Name Median ZHVI
Niles $63,800
Bolindale $60,300
Youngstown $35,200

Listings & Sales

Data through Feb 28, 2015
  • $56 Median list price / sq ft
  • $44 Median sale price / sq ft (Dec 31, 2014)
  • 19.0% Listings with price cut
41.0%
Sold below listing
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Austintown Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $785 Austintown
    $835 Youngstown Metro
    $1,355 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $675 Rent list price
  • $0.71 Rent list price / sq ft
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