Home Values

28715 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

$184,000

  • 3.5% 1-year change
  • 2.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in 28715 is $184,000. 28715 home values have gone up 3.5% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in 28715 is $143, which is lower than the Candler average of $144. The median price of homes currently listed in 28715 is $275,500 while the median price of homes that sold is $183,900. The median rent price in 28715 is $1,100, which is the same as the Candler median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In 28715 4.7 homes are foreclosed (per 10,000). This is the same as the Candler value of 4.7 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 28715 is 3.9%, 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 28715 homeowners underwater on their mortgage is 10.8%, which is the same as Candler at 10.8%.

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Relative ZHVI
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28715 Market Overview

Data through Nov 30, 2014
  • $184,000 ZHVI
  • 2.5% 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
    (Nov 30, 2015)
  • $275,500 Median listing price
  • $183,900 Median sale price
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28715 Market Health

Data through Nov 30, 2014
  • 6.5/10 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
  • 10.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4.7 homes 28715
4.7 homes Candler
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
28804 $288,300
28801 $244,200
28759 $219,300
Name Median ZHVI
28803 $212,300
28701 $207,900
28748 $207,800
Name Median ZHVI
28704 $206,400
28742 $203,400
28806 $172,300

Listings & Sales

Data through Nov 30, 2014
  • $143 Median list price / sq ft
  • $126 Median sale price / sq ft
  • No data Listings with price cut
26.9%
Sold below listing
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28715 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,208 28715
    $1,208 Candler
    $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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,100 Rent list price (Oct 31, 2014)
  • $0.82 Rent list price / sq ft (Sep 30, 2014)
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