Home Values

Coral Hills 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

$175,500

  • 15.1% 1-year change
  • 4.4% 1-year forecast

The median home value in Coral Hills is $175,500. Coral Hills home values have gone up 15.1% over the past year and Zillow predicts they will rise 4.4% within the next year. The median list price per square foot in Coral Hills is $137, which is lower than the Washington Metro average of $197. The median price of homes currently listed in Coral Hills is $149,900 while the median price of homes that sold is $195,000. The median rent price in Coral Hills is $1,450, which is lower than the Washington Metro median of $1,850.

Foreclosures will be a factor impacting home values in the next several years. In Coral Hills 7.1 homes are foreclosed (per 10,000). This is greater than the Washington Metro value of 3.9 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 Coral Hills is 14.6%, 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 Coral Hills homeowners underwater on their mortgage is 43.8%, which is higher than Washington Metro at 18.4%.

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Relative ZHVI
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Coral Hills Market Overview

Data through Dec 31, 2014
  • $175,500 ZHVI
  • 4.4% 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
    (Dec 31, 2015)
  • $149,900 Median listing price
  • No recent data Median sale price
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Coral Hills Market Health

Data through Dec 31, 2014
  • 2.4/10 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
  • 43.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 14.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

7.1 homes Coral Hills
3.9 homes Washington Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Cheverly $321,000
Temple Hills $217,100
Walker Mill $196,500
Name Median ZHVI
Carmody Hills-Pepper Mill Village $195,600
District Heights $192,600
Suitland-Silver Hill $175,200
Name Median ZHVI
Capitol Heights $174,700
Fairmount Heights $174,400
Seat Pleasant $166,800

Listings & Sales

Data through Dec 31, 2014
  • $137 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.4% Listings with price cut
25.8%
Sold below listing
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Coral Hills Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,624 Coral Hills
    $2,104 Washington Metro
    $1,345 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,450 Rent list price (Nov 30, 2014)
  • No recent data Rent list price / sq ft
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