31903 Home Prices & Values

$52,700 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

  • 13.3% 1-year change
  • -0.4% 1-year forecast

The median home value in 31903 is $52,700. 31903 home values have gone up 13.3% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in 31903 is $30, which is lower than the Columbus average of $74. The median price of homes currently listed in 31903 is $33,400 while the median price of homes that sold is $36,000. The median rent price in 31903 is $525, which is lower than the Columbus median of $800.

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 31903 is 7.3%, which is higher 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 31903 homeowners underwater on their mortgage is 31.6%, which is lower than Columbus at 31.6%.

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Relative ZHVI
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31903 Market Overview

Data through Jun 30, 2014
  • $52,700 ZHVI
  • -0.4% 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)
  • $33,400 Median listing price
  • $36,000 Median sale price (May 31, 2014)
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31903 Market Health

Data through Jun 30, 2014
  • 5.7/10 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
  • 31.6% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 7.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
31909 $129,300 31904 $103,400 31907 $84,300
31906 $82,500    

Listings & Sales

Data through Jun 30, 2014
  • $30 Median list price / sq ft
  • $29 Median sale price / sq ft (May 31, 2014)
  • 26.8% Listings with price cut
38.2%
Sold below listing
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31903 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
$809 Columbus
$1,310 United States
  • 1.0 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)
  • $525 Rent list price
  • $0.51 Rent list price / sq ft
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