Home Values

Corolla 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

Foreclosures will be a factor impacting home values in the next several years. In Corolla 13.0 homes are foreclosed (per 10,000). This is greater than the Virginia Beach Metro value of 1.1 and also greater than the national value of 3.0

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 Corolla is 0.0%, 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 Corolla homeowners underwater on their mortgage is 3.1%, which is lower than Virginia Beach Metro at 28.3%.

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Relative ZHVI
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Corolla Market Overview

  • No data
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Corolla Market Health

Data through Mar 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 3.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

13 homes(Apr 30, 2014) Corolla
1.1 homes Virginia Beach Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Duck $462,100
Currituck $242,000
Moyock $226,100
Name Median ZHVI
Knotts Island $181,500
Grandy $159,000
 

Listings & Sales

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Corolla Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,524 Corolla
    $1,432 Virginia Beach Metro
    $1,362 United States

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

  • 31.0 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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