Home Values

Benzie County 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 list price per square foot in Benzie County is $142, which is higher than the Traverse City Metro average of $126. The median price of homes currently listed in Benzie County is $189,900 while the median price of homes that sold is $81,120. The median rent price in Benzie County is $1,050.

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 Benzie County is 1.9%, 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 Benzie County homeowners underwater on their mortgage is 10.2%.

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Relative ZHVI
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Benzie County Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $189,900 Median listing price
  • $81,120 Median sale price (Oct 31, 2014)
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Benzie County Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 10.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,900
New York Metro $385,400
Washington Metro $366,000
Name Median ZHVI
Miami-Fort Lauderdale Metro $211,900
Philadelphia Metro $204,300
Chicago Metro $189,500
Name Median ZHVI
Atlanta Metro $155,000
Dallas-Fort Worth Metro $152,600
Houston Metro $152,600

Listings & Sales

Data through Dec 31, 2014
  • $142 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.8% Listings with price cut
1.5%
Sold below listing
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Benzie County Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,085 Benzie County
    $1,067 Traverse 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

  • No data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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