Chapin Home Prices & Values

$186,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -1.2% 1-year change
  • 1.8% 1-year forecast

The median home value in Chapin is $186,800. Chapin home values have declined -1.2% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Chapin is $104, which is higher than the Columbia Metro average of $85. The median price of homes currently listed in Chapin is $287,990 while the median price of homes that sold is $174,500. The median rent price in Chapin is $1,350, which is higher than the Columbia Metro median of $1,024.

Foreclosures will be a factor impacting home values in the next several years. In Chapin 4.0 homes are foreclosed (per 10,000). This is greater than the Columbia Metro value of 3.7 and also lower than the national value of 4.3

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 Chapin is 5.8%, which is lower than the national value of 7.2%. 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 Chapin homeowners underwater on their mortgage is 15.3%, which is lower than Columbia Metro at 22.2%.

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Relative ZHVI
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Chapin Market Overview

Data through Jun 30, 2014
  • $186,800 ZHVI
  • 1.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $287,990 Median listing price
  • $174,500 Median sale price (May 31, 2014)
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Chapin Market Health

Data through Jun 30, 2014
  • 1.6/10 Less healthy What's This?  
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    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 of days on Zillow
  • 15.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.8% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

4 homes Chapin
3.7 homes Columbia Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Lexington $140,200 Seven Oaks $127,400 Springdale $121,800
Gilbert $110,800 Oak Grove $110,100 West Columbia $103,200
Batesburg-Leesville $89,600    

Listings & Sales

Data through Jun 30, 2014
  • $104 Median list price / sq ft
  • $95 Median sale price / sq ft (May 31, 2014)
  • 28.8% Listings with price cut
45.2%
Sold below listing
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Chapin Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,447 Chapin
$1,097 Columbia Metro
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,350 Rent list price
  • $0.79 Rent list price / sq ft
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