Home Values

Broad Run 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

$378,700

  • 4.4% 1-year change
  • 0.5% 1-year forecast

The median home value in Broad Run is $378,700. Broad Run home values have gone up 4.4% over the past year and Zillow predicts they will rise 0.5% within the next year. The median price of homes currently listed in Broad Run is $524,990. The median rent price in Broad Run is $1,950, which is higher than the Washington Metro median of $1,900.

Foreclosures will be a factor impacting home values in the next several years. In Broad Run 17.5 homes are foreclosed (per 10,000). This is greater than the Washington Metro value of 2.1 and also greater 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 Broad Run is 5.0%, which is lower than the national value of 6.9%. 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 Broad Run homeowners underwater on their mortgage is 11.2%, which is lower than Washington Metro at 19.3%.

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Relative ZHVI
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Broad Run Market Overview

Data through Sep 30, 2014
  • $378,700 ZHVI
  • 0.5% 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
    (Sep 30, 2015)
  • $524,990 Median listing price
  • No data Median sale price
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Broad Run Market Health

Data through Sep 30, 2014
  • 5.9/10 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
  • 11.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

17.5 homes(Mar 31, 2014) Broad Run
2.1 homes Washington Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Middleburg $529,600
Haymarket $495,400
Aldie $485,800
Name Median ZHVI
Gainesville $427,100
Bristow $425,000
Nokesville $387,200
Name Median ZHVI
The Plains $385,700
Warrenton $350,500
Marshall $347,300

Listings & Sales

Data through Sep 30, 2014
  • $189 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 53.8% Listings with price cut
7.7%
Sold below listing
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Broad Run Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,119 Broad Run
    $2,093 Washington Metro
    $1,335 United States

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

  • 4.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,950 Rent list price
  • $0.95 Rent list price / sq ft
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