Home Values

44115 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in 44115 is $114,900. The median rent price in 44115 is $1,150, which is higher than the Cleveland median of $650.

Foreclosures will be a factor impacting home values in the next several years. In 44115 43.9 homes are foreclosed (per 10,000). This is greater than the Cleveland value of 15.1 and also greater than the national value of 4.0

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 44115 is 6.8%, 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 44115 homeowners underwater on their mortgage is 32.8%, which is lower than Cleveland at 37.3%.

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Relative ZHVI
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44115 Market Overview

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44115 Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 32.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

43.9 homes(Aug 31, 2014) 44115
15.1 homes Cleveland
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
44106 $88,600
44113 $79,900
44109 $57,600
Name Median ZHVI
44103 $44,000
44104 $40,600
44105 $38,500
Name Median ZHVI
44127 $34,400
 
 

Listings & Sales

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44115 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $877 Cleveland
    $1,350 United States

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

  • No data Breakeven horizon
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  • No recent data Rent list price / sq ft
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