Caroline 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

$171,500

  • 3.6% 1-year change
  • None 1-year forecast

The median home value in Caroline County is $171,500. Caroline County home values have gone up 3.6% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Caroline County 7.0 homes are foreclosed (per 10,000). This is greater than the Maryland value of 5.3 and also greater than the national value of 3.6

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 Caroline County is 9.3%, 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 Caroline County homeowners underwater on their mortgage is 29.3%, which is higher than Maryland at 20.9%.

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Relative ZHVI
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Caroline County Market Overview

Data through Jul 31, 2015
  • $171,500 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $147,750 Median sale price
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Caroline County Market Health

Data through Jul 31, 2015
  • 0.8/10 Less 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
  • 29.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 9.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

7 Caroline County
5 Maryland
4 United States
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Cities in Caroline County

Name Median ZHVI
Henderson $183,000
Preston $182,200
Ridgely $181,800
Name Median ZHVI
Denton $174,700
Greensboro $160,100
Goldsboro $156,600
Name Median ZHVI
Federalsburg $121,700
 
 

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $107 Median sale price / sq ft
  • No data Listings with price cut
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Caroline County Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,416 Caroline County
    $1,788 Maryland
    $1,376 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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