Home Values

East Hill-Meridian 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

$300,600

  • 8.3% 1-year change
  • 6.6% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Neutral
Buyers' Market
Sellers' Market

The median home value in East Hill-Meridian is $300,600. East Hill-Meridian home values have gone up 8.3% over the past year and Zillow predicts they will rise 6.6% within the next year. The median rent price in East Hill-Meridian is $1,550, which is lower than the Seattle Metro median of $1,650.

Foreclosures will be a factor impacting home values in the next several years. In East Hill-Meridian 1.9 homes are foreclosed (per 10,000). This is lower than the Seattle Metro value of 4.2 and also lower than the national value of 3.8

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 East Hill-Meridian is 7.0%, which is higher than the national value of 6.0%. 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 East Hill-Meridian homeowners underwater on their mortgage is 16.6%, which is higher than Seattle Metro at 14.6%.

Read more
Relative ZHVI
- +

East Hill-Meridian Market Overview

Data through Jun 30, 2015
  • $300,600 ZHVI
  • 6.6% 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
    (Jun 30, 2016)
  • No data Median listing price
  • $293,850 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

East Hill-Meridian Market Health

Data through Jun 30, 2015
  • 6.0/10 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.
  • No data Average days on Zillow
  • 16.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 East Hill-Meridian
4 Seattle Metro
4 United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Newcastle $551,700
Lake Morton-Berrydale $335,300
Renton $311,000
Name Median ZHVI
Bryn Mawr-Skyway $276,300
Covington $258,000
Kent $257,700
Name Median ZHVI
Lakeland North $251,300
Auburn $244,100
Tukwila $223,900

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $167 Median sale price / sq ft
  • No data Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

East Hill-Meridian Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,798 East Hill-Meridian
    $1,877 Seattle Metro
    $1,369 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,550 Rent list price
  • $1.09 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading