Home Values

33897 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

$171,800

  • 7.1% 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

Cold

Buyers' Market
Sellers' Market

The median home value in 33897 is $171,800. 33897 home values have gone up 7.1% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in 33897 is $103, which is higher than the Polk County average of $90. The median price of homes currently listed in 33897 is $189,000 while the median price of homes that sold is $162,840.

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 33897 is 11.8%, which is higher 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 33897 homeowners underwater on their mortgage is 26.1%, which is lower than Polk County at 26.4%.

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Relative ZHVI
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33897 Market Overview

Data through Nov 30, 2014
  • $171,800 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)
  • $189,000 Median listing price
  • $162,840 Median sale price
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33897 Market Health

Data through Nov 30, 2014
  • 4.3/10 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
  • 26.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 11.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
34747 $218,300
33896 $173,300
34714 $169,300
Name Median ZHVI
33837 $148,400
33868 $134,200
34758 $133,600
Name Median ZHVI
33850 $113,000
33823 $112,100
33881 $78,200

Listings & Sales

Data through Nov 30, 2014
  • $103 Median list price / sq ft
  • $90 Median sale price / sq ft
  • No data Listings with price cut
45.9%
Sold below listing
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33897 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,125 Polk County
    $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

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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