Home Values

Eastpointe 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

$60,400

  • 14.2% 1-year change
  • 5.3% 1-year forecast

The median home value in Eastpointe is $60,400. Eastpointe home values have gone up 14.2% over the past year and Zillow predicts they will rise 5.3% within the next year. The median list price per square foot in Eastpointe is None. The median rent price in Eastpointe is $895, which is lower than the Detroit Metro median of $900.

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 Eastpointe is 4.3%, which is lower than the national value of 6.3%. 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 Eastpointe homeowners underwater on their mortgage is 50.7%, which is higher than Detroit Metro at 21.3%.

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Relative ZHVI
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Eastpointe Market Overview

Data through Mar 31, 2015
  • $60,400 ZHVI
  • 5.3% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $53,635 Median sale price (Feb 28, 2015)
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Eastpointe Market Health

Data through Mar 31, 2015
  • 1.4/10 Less 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 50.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Grosse Pointe Shores $430,000
Grosse Pointe Farms $272,200
Grosse Pointe $233,100
Name Median ZHVI
Grosse Pointe Woods $174,700
Fraser $110,800
Saint Clair Shores $97,800
Name Median ZHVI
Center Line $60,300
Roseville $58,700
Harper Woods $53,200

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • $50 Median sale price / sq ft
  • No data Listings with price cut
17.2%
Sold below listing
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Eastpointe Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $890 Eastpointe
    $1,116 Detroit Metro
    $1,362 United States

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

  • 0.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $895 Rent list price
  • $0.83 Rent list price / sq ft
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