Drumore Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in Drumore is $254,900.

Foreclosures will be a factor impacting home values in the next several years. In Drumore 303.0 homes are foreclosed (per 10,000). This is greater than the Lancaster Metro value of 4.1 and also greater than the national value of 4.4

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 Drumore is 12.5%, which is higher than the national value of 6.9%. 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 Drumore homeowners underwater on their mortgage is 6.5%, which is lower than Lancaster Metro at 11.7%.

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Relative ZHVI
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Drumore Market Overview

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Drumore Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 6.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 12.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

303 homes(Nov 30, 2012) Drumore
4.1 homes Lancaster Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Whiteford $233,700 East Drumore Township $204,300 Martic $204,100
Fulton $197,600 Providence Township $197,200 Quarryville $181,600
Peach Bottom Township $176,600 Lower Chanceford Township $151,000 Susquehanna Trails $141,400

Listings & Sales

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Drumore Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,100 Lancaster Metro
$1,318 United States
  • 6.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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