Home Values

Burnsville 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 rent price in Burnsville is $1,000, which is higher than the Yancey County median of $700.

Foreclosures will be a factor impacting home values in the next several years. In Burnsville 5.1 homes are foreclosed (per 10,000). This is the same as the Yancey County value of 5.1 and also greater than the national value of 3.5

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 Burnsville is 6.8%, which is higher than the national value of 6.0%. 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 Burnsville homeowners underwater on their mortgage is 8.4%, which is lower than Yancey County at 8.5%.

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Relative ZHVI
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Burnsville Market Overview

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Burnsville Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 8.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Fairview $261,300
Weaverville $220,700
Barnardsville $202,800
Name Median ZHVI
Black Mountain $188,200
Swannanoa $154,800
Woodfin $150,900
Name Median ZHVI
Roan Mountain $107,600
Unicoi $97,700
Erwin $85,500

Listings & Sales

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Burnsville Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,076 Burnsville
    $1,081 Yancey County
    $1,367 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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