Home Values

Bowling Green 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

$143,600

  • 6.1% 1-year change
  • 2.1% 1-year forecast

The median home value in Bowling Green is $143,600. Bowling Green home values have gone up 6.1% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Bowling Green is $93, which is higher than the Toledo Metro average of $78. The median price of homes currently listed in Bowling Green is $159,000 while the median price of homes that sold is $144,950. The median rent price in Bowling Green is $1,400, which is higher than the Toledo Metro median of $700.

Foreclosures will be a factor impacting home values in the next several years. In Bowling Green 5.5 homes are foreclosed (per 10,000). This is greater than the Toledo Metro value of 4.8 and also greater than the national value of 4.2

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 Bowling Green is 1.1%, 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 Bowling Green homeowners underwater on their mortgage is 13.5%, which is lower than Toledo Metro at 23.0%.

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Relative ZHVI
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Bowling Green Market Overview

Data through Nov 30, 2014
  • $143,600 ZHVI
  • 2.1% 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
    (Nov 30, 2015)
  • $159,000 Median listing price
  • $144,950 Median sale price (Oct 31, 2014)
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Bowling Green Market Health

Data through Nov 30, 2014
  • 6.7/10 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.
  • No data Average days on Zillow
  • 13.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

5.5 homes Bowling Green
4.8 homes Toledo Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Perrysburg $175,200
Waterville $171,200
Maumee $151,500
Name Median ZHVI
Haskins $140,700
Pemberville $130,500
Weston $90,300
Name Median ZHVI
Wayne $86,800
Rudolph $83,400
Cygnet $76,700

Listings & Sales

Data through Nov 30, 2014
  • $93 Median list price / sq ft
  • $96 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
34.1%
Sold below listing
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Bowling Green Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,207 Bowling Green
    $940 Toledo Metro
    $1,342 United States

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

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