Home Values

12197 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

The median price of homes currently listed in 12197 is $99,500.

Foreclosures will be a factor impacting home values in the next several years. In 12197 13.5 homes are foreclosed (per 10,000). This is lower than the Decatur value of 222.2 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 12197 is 6.4%, 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 12197 homeowners underwater on their mortgage is 22.9%.

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Relative ZHVI
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12197 Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $99,500 Median listing price
  • No data Median sale price
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12197 Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 22.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
13326 $225,300
12149 $112,500
12043 $110,600
Name Median ZHVI
12093 $109,700
12116 $100,700
13320 $97,400

Listings & Sales

Data through Jan 31, 2015
  • $84 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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12197 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,437 12197
    $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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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