Home Values

Elmwood 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

$139,800

  • 20.4% 1-year change
  • 5.2% 1-year forecast

The median home value in Elmwood is $139,800. Elmwood home values have gone up 20.4% over the past year and Zillow predicts they will rise 5.2% within the next year. The median price of homes currently listed in Elmwood is $134,000. The median rent price in Elmwood is $950, which is lower than the Providence median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Elmwood 25.8 homes are foreclosed (per 10,000). This is greater than the Providence value of 14.5 and also greater than the national value of 4.0

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Relative ZHVI
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Elmwood Market Overview

Data through Jan 31, 2015
  • $139,800 ZHVI
  • 5.2% 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
    (Jan 31, 2016)
  • $134,000 Median listing price (Dec 31, 2014)
  • No data Median sale price
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Elmwood Market Health

Data through Jan 31, 2015
  • 8.7/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

25.8 homes Elmwood
14.5 homes Providence
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
College Hill $486,500
Fox Point $264,700
Smith Hill $155,300
Name Median ZHVI
Federal Hill $152,500
Silverlake $129,000
Reservoir $128,300
Name Median ZHVI
Hartford $127,900
Washington Park $125,200
West End $123,400

Listings & Sales

Data through Dec 31, 2014
  • $86 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
54.5%
Sold below listing
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Elmwood Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,334 Elmwood
    $1,419 Providence
    $1,350 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $950 Rent list price
  • No recent data Rent list price / sq ft
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