Home Values

Bakersville 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Bakersville is $180,000.

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 Bakersville is 11.6%, which is higher 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 Bakersville homeowners underwater on their mortgage is 4.7%, which is lower than Mitchell County at 5.1%.

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Relative ZHVI
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Bakersville Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $180,000 Median listing price
  • No data Median sale price
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Bakersville Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 4.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 11.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Barnardsville $198,600
Beech Mountain $188,000
Johnson City $137,000
Name Median ZHVI
Unicoi $116,600
Watauga $114,300
Roan Mountain $112,900
Name Median ZHVI
Hampton $105,200
Elizabethton $100,000
Erwin $85,100

Listings & Sales

Data through Oct 31, 2014
  • $121 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 24.0% Listings with price cut
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Bakersville Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,016 Bakersville
    $1,025 Mitchell County
    $1,337 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
  • No data Rent list price
  • No data Rent list price / sq ft
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