Home Values

Elizabeth 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

$343,500

  • 8.3% 1-year change
  • 3.9% 1-year forecast

The median home value in Elizabeth is $343,500. Elizabeth home values have gone up 8.3% over the past year and Zillow predicts they will rise 3.9% within the next year. The median list price per square foot in Elizabeth is None.

Foreclosures will be a factor impacting home values in the next several years. In Elizabeth 1.9 homes are foreclosed (per 10,000). This is greater than the Denver Metro value of 1.4 and also lower than the national value of 3.9

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 Elizabeth is 2.5%, 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 Elizabeth homeowners underwater on their mortgage is 6.5%, which is lower than Denver Metro at 7.7%.

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Relative ZHVI
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Elizabeth Market Overview

Data through Apr 30, 2015
  • $343,500 ZHVI
  • 3.9% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $353,000 Median sale price (Mar 31, 2015)
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Elizabeth Market Health

Data through Apr 30, 2015
  • 9.6/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 6.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.9 homes Elizabeth
1.4 homes Denver Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Franktown $467,400
Lone Tree $451,200
Parker $313,400
Name Median ZHVI
Castle Rock $311,400
Centennial $299,200
Elbert $297,100
Name Median ZHVI
Kiowa $240,200
Aurora $175,700
Bennett $141,300

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $202 Median sale price / sq ft
  • No data Listings with price cut
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Elizabeth Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,010 Elizabeth
    $1,868 Denver Metro
    $1,364 United States

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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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