Home Values

Cobb 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

$189,100

  • 7.0% 1-year change
  • 2.5% 1-year forecast

The median home value in Cobb County is $189,100. Cobb County home values have gone up 7.0% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in Cobb County is $105, which is higher than the Atlanta Metro average of $96. The median price of homes currently listed in Cobb County is $225,000 while the median price of homes that sold is $194,585. The median rent price in Cobb County is $1,250, which is higher than the Atlanta Metro median of $1,103.

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 Cobb County is 3.9%, which is lower than the national value of 6.3%. 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 Cobb County homeowners underwater on their mortgage is 20.0%, which is lower than Atlanta Metro at 26.1%.

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Relative ZHVI
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Cobb County Market Overview

Data through Feb 28, 2015
  • $189,100 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
    (Feb 29, 2016)
  • $225,000 Median listing price
  • $194,585 Median sale price
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Cobb County Market Health

Data through Feb 28, 2015
  • 3.6/10 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
  • 20.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Cities in Cobb County

Name Median ZHVI
Vinings $374,500
Marietta $202,900
Smyrna $182,600
Name Median ZHVI
Kennesaw $167,100
Acworth $158,000
Mableton $129,500
Name Median ZHVI
Powder Springs $114,600
Austell $95,200
 

Listings & Sales

Data through Feb 28, 2015
  • $105 Median list price / sq ft
  • $99 Median sale price / sq ft
  • 12.9% Listings with price cut
28.2%
Sold below listing
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Cobb County Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,390 Cobb County
    $1,238 Atlanta Metro
    $1,355 United States

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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,250 Rent list price
  • $0.82 Rent list price / sq ft
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