Home Values

Daphne 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

$159,600

  • 4.2% 1-year change
  • None 1-year forecast

The median home value in Daphne is $159,600. Daphne home values have gone up 4.2% over the past year. The median list price per square foot in Daphne is $100, which is lower than the Daphne Metro average of $132. The median price of homes currently listed in Daphne is $219,900 while the median price of homes that sold is $184,610. The median rent price in Daphne is $1,250, which is the same as the Daphne Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Daphne 1.4 homes are foreclosed (per 10,000). This is lower 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 Daphne is 2.7%, which is lower 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 Daphne homeowners underwater on their mortgage is 18.5%.

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Relative ZHVI
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Daphne Market Overview

Data through Jan 31, 2015
  • $159,600 ZHVI
  • No data 1-yr forecast
  • $219,900 Median listing price
  • $184,610 Median sale price
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Daphne Market Health

Data through Jan 31, 2015
  • 5.7/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 18.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.4 homes Daphne
4 homes United States
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Nearby Cities

Name Median ZHVI
Spanish Fort $238,100
Fairhope $235,700
Silverhill $161,500
Name Median ZHVI
Loxley $158,300
Stapleton $155,000
Foley $140,200
Name Median ZHVI
Summerdale $140,000
Bay Minette $117,900
Chickasaw $57,900

Listings & Sales

Data through Jan 31, 2015
  • $100 Median list price / sq ft
  • $97 Median sale price / sq ft
  • No data Listings with price cut
34.8%
Sold below listing
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Daphne Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,347 Daphne
    $1,272 Daphne Metro
    $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

  • 1.7 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
  • $0.76 Rent list price / sq ft
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