Home Values

21075 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

$321,700

  • 2.6% 1-year change
  • 2.1% 1-year forecast

The median home value in 21075 is $321,700. 21075 home values have gone up 2.6% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in 21075 is $198, which is higher than the Elkridge average of $198. The median price of homes currently listed in 21075 is $352,000 while the median price of homes that sold is $301,750. The median rent price in 21075 is $1,800, which is the same as the Elkridge median of $1,800.

Foreclosures will be a factor impacting home values in the next several years. In 21075 4.3 homes are foreclosed (per 10,000). This is the same as the Elkridge value of 4.3 and also greater than the national value of 3.9

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 21075 homeowners underwater on their mortgage is 20.8%, which is lower than Elkridge at 21.9%.

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Relative ZHVI
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21075 Market Overview

Data through Feb 28, 2015
  • $321,700 ZHVI
  • 2.1% 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
    (Feb 29, 2016)
  • $352,000 Median listing price
  • $301,750 Median sale price (Jan 31, 2015)
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21075 Market Health

Data through Feb 28, 2015
  • 3.1/10 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.
  • No data Average days on Zillow
  • 20.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4.3 homes 21075
4.3 homes Elkridge
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
21043 $417,000
21076 $332,500
21046 $330,400
Name Median ZHVI
21045 $316,200
20794 $289,700
21228 $268,800
Name Median ZHVI
21090 $263,000
21227 $192,500
21229 $93,600

Listings & Sales

Data through Feb 28, 2015
  • $198 Median list price / sq ft
  • $193 Median sale price / sq ft (Jan 31, 2015)
  • 22.0% Listings with price cut
16.4%
Sold below listing
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21075 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,111 21075
    $2,106 Elkridge
    $1,355 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
    (Jun 30, 2014)
  • $1,800 Rent list price
  • $1.47 Rent list price / sq ft
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