Home Values

Deep Creek South 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

$283,000

  • 2.5% 1-year change
  • 1.4% 1-year forecast

The median home value in Deep Creek South is $283,000. Deep Creek South home values have gone up 2.5% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Deep Creek South is $128, which is lower than the Chesapeake average of $129. The median price of homes currently listed in Deep Creek South is $329,900 while the median price of homes that sold is $287,900. The median rent price in Deep Creek South is $1,850, which is higher than the Chesapeake median of $1,349.

Foreclosures will be a factor impacting home values in the next several years. In Deep Creek South 1.7 homes are foreclosed (per 10,000). This is greater than the Chesapeake value of 0.1 and also lower than the national value of 4.2

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Relative ZHVI
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Deep Creek South Market Overview

Data through Nov 30, 2014
  • $283,000 ZHVI
  • 1.4% 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
    (Nov 30, 2015)
  • $329,900 Median listing price
  • $287,900 Median sale price (Oct 31, 2014)
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Deep Creek South Market Health

Data through Nov 30, 2014
  • 5.2/10 Stable
    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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Neighborhoods

Name Median ZHVI
Pleasant Grove West $369,400
Great Bridge $310,700
Great Bridge East $307,400
Name Median ZHVI
Western Branch South $255,000
Deep Creek West-Dismal Swamp $250,500
Greenbrier West $222,300
Name Median ZHVI
Deep Creek North $183,200
Indian River $178,200
South Norfolk $154,600

Listings & Sales

Data through Nov 30, 2014
  • $128 Median list price / sq ft
  • $120 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
27.8%
Sold below listing
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Deep Creek South Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,829 Deep Creek South
    $1,617 Chesapeake
    $1,342 United States

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

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,850 Rent list price
  • $0.78 Rent list price / sq ft
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