Bellwood Home Prices & Values

$134,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.0% 1-year change
  • 0.4% 1-year forecast

The median home value in Bellwood is $134,000. Bellwood home values have gone up 0.0% over the past year and Zillow predicts they will rise 0.4% within the next year. The median list price per square foot in Bellwood is $97, which is lower than the Richmond Metro average of $115. The median price of homes currently listed in Bellwood is $148,500 while the median price of homes that sold is $70,000. The median rent price in Bellwood is $900, which is lower than the Richmond Metro median of $1,050.

Foreclosures will be a factor impacting home values in the next several years. In Bellwood 4.0 homes are foreclosed (per 10,000). This is lower than the Richmond Metro value of 4.9 and also lower than the national value of 5.0

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 Bellwood is 7.5%, which is lower than the national value of 8.0%. 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 Bellwood homeowners underwater on their mortgage is 30.3%, which is higher than Richmond Metro at 22.2%.

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Relative ZHVI
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Bellwood Market Overview

Data through Feb 28, 2014
  • $134,000 ZHVI
  • 0.4% 1-yr forecast What's This?  
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    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 28, 2015)
  • $148,500 Median listing price
  • No recent data Median sale price
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Bellwood Market Health

Data through Feb 28, 2014
  • 0.7/10 Less healthy What's This?  
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    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 of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

4 homes Bellwood
4.9 homes Richmond Metro
5 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Chesterfield $200,100 Bon Air $193,400 Chester $188,100
Sandston $146,200 Richmond $140,300 Bensley $117,500
East Highland Park $113,100 Highland Springs $102,000 Montrose $97,200

Listings & Sales

Data through Feb 28, 2014
  • $97 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.0% Listings with price cut
18.2%
Sold below listing
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Bellwood Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,107 Bellwood
$1,313 Richmond Metro
$1,310 United States
  • No recent data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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