Home Values

Bayou La Batre 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

$53,300

  • -1.1% 1-year change
  • 2.9% 1-year forecast

The median home value in Bayou La Batre is $53,300. Bayou La Batre home values have declined -1.1% over the past year and Zillow predicts they will rise 2.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Bayou La Batre 25.0 homes are foreclosed (per 10,000). This is greater than the Mobile Metro value of 11.9 and also greater 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 Bayou La Batre is 0.0%, 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 Bayou La Batre homeowners underwater on their mortgage is 18.2%, which is lower than Mobile Metro at 24.9%.

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Relative ZHVI
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Bayou La Batre Market Overview

Data through Apr 30, 2015
  • $53,300 ZHVI
  • 2.9% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Bayou La Batre Market Health

Data through Apr 30, 2015
  • 6.0/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 18.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

25 homes(Mar 31, 2015) Bayou La Batre
11.9 homes Mobile Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Gulf Shores $208,700
Dauphin Island $208,500
Grand Bay $102,900
Name Median ZHVI
Theodore $94,700
Mobile $93,300
Irvington $87,900
Name Median ZHVI
Coden $86,700
 
 

Listings & Sales

  • No data
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Bayou La Batre Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $756 Bayou La Batre
    $905 Mobile Metro
    $1,364 United States

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

  • 0.9 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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