Home Values

Castle Shannon 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

$117,800

  • 4.6% 1-year change
  • 2.9% 1-year forecast

The median home value in Castle Shannon is $117,800. Castle Shannon home values have gone up 4.6% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Castle Shannon is None. The median rent price in Castle Shannon is $779, which is lower than the Pittsburgh Metro median of $1,075.

Foreclosures will be a factor impacting home values in the next several years. In Castle Shannon 2.1 homes are foreclosed (per 10,000). This is lower than the Pittsburgh Metro value of 3.0 and also lower 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 Castle Shannon is 4.3%, which is lower 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 Castle Shannon homeowners underwater on their mortgage is 6.9%, which is lower than Pittsburgh Metro at 10.9%.

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Relative ZHVI
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Castle Shannon Market Overview

Data through May 31, 2015
  • $117,800 ZHVI
  • 2.9% 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
    (May 31, 2016)
  • No data Median listing price
  • $102,100 Median sale price (Apr 30, 2015)
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Castle Shannon Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 6.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2.1 homes(Apr 30, 2015) Castle Shannon
3 homes Pittsburgh Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Mount Lebanon $223,300
Bethel Park $166,600
Green Tree $156,300
Name Median ZHVI
Whitehall $135,600
Scott Township $134,500
Dormont $120,500
Name Median ZHVI
Baldwin Township $110,000
Brentwood $88,000
Mount Oliver $47,900

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $85 Median sale price / sq ft
  • No data Listings with price cut
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Castle Shannon Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,136 Castle Shannon
    $1,099 Pittsburgh Metro
    $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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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