Home Values

Beaufort 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

$186,800

  • -0.6% 1-year change
  • None 1-year forecast

The median home value in Beaufort is $186,800. Beaufort home values have declined -0.6% over the past year. The median list price per square foot in Beaufort is $151, which is lower than the Morehead City Metro average of $173. The median price of homes currently listed in Beaufort is $249,000 while the median price of homes that sold is $194,750. The median rent price in Beaufort is $850, which is lower than the Morehead City Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Beaufort 2.6 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Beaufort is 6.3%, 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 Beaufort homeowners underwater on their mortgage is 12.8%.

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Relative ZHVI
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Beaufort Market Overview

Data through Dec 31, 2014
  • $186,800 ZHVI
  • No data 1-yr forecast
  • $249,000 Median listing price
  • $194,750 Median sale price
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Beaufort Market Health

Data through Dec 31, 2014
  • 0.8/10 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
  • 12.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.6 homes Beaufort
4 homes United States
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Nearby Cities

Name Median ZHVI
Pine Knoll Shores $325,500
Harkers Island $223,400
Morehead City $195,700
Name Median ZHVI
Atlantic Beach $161,300
Newport $129,200
 

Listings & Sales

Data through Dec 31, 2014
  • $151 Median list price / sq ft
  • $125 Median sale price / sq ft
  • 8.4% Listings with price cut
36.4%
Sold below listing
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Beaufort Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,129 Beaufort
    $1,178 Morehead City 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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $850 Rent list price
  • No recent data Rent list price / sq ft
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