Home Values

73541 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

$82,100

  • 15.0% 1-year change
  • 1.7% 1-year forecast

The median home value in 73541 is $82,100. 73541 home values have gone up 15.0% over the past year and Zillow predicts they will rise 1.7% within the next year. The median price of homes currently listed in 73541 is $145,000.

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 73541 is 5.4%, 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 73541 homeowners underwater on their mortgage is 29.2%, which is lower than Elgin at 37.7%.

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Relative ZHVI
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73541 Market Overview

Data through Nov 30, 2014
  • $82,100 ZHVI
  • 1.7% 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)
  • $145,000 Median listing price
  • No data Median sale price
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73541 Market Health

Data through Nov 30, 2014
  • 8.0/10 Very 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
  • 29.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,200
New York Metro $382,900
Washington Metro $361,500
Name Median ZHVI
Miami-Fort Lauderdale Metro $208,000
Philadelphia Metro $203,600
Chicago Metro $188,800
Name Median ZHVI
Atlanta Metro $154,000
Houston Metro $151,800
Dallas-Fort Worth Metro $150,900

Listings & Sales

Data through Oct 31, 2014
  • $83 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
25.0%
Sold below listing
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73541 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $703 73541
    $844 Elgin
    $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

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