Home Values

Enterprise 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

$112,800

  • -5.1% 1-year change
  • None 1-year forecast

The median home value in Enterprise is $112,800. Enterprise home values have declined -5.1% over the past year. The median list price per square foot in Enterprise is $84, which is higher than the Enterprise Metro average of $77. The median price of homes currently listed in Enterprise is $149,500 while the median price of homes that sold is $86,861. The median rent price in Enterprise is $850, which is higher than the Enterprise Metro median of $825.

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 Enterprise is 2.8%, 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 Enterprise homeowners underwater on their mortgage is 31.7%.

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Relative ZHVI
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Enterprise Market Overview

Data through Jan 31, 2015
  • $112,800 ZHVI
  • No data 1-yr forecast
  • $149,500 Median listing price
  • $86,861 Median sale price
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Enterprise Market Health

Data through Jan 31, 2015
  • 1.1/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 31.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Chancellor $130,900
New Brockton $113,100
Kinston $103,200
Name Median ZHVI
Elba $95,700
 
 

Listings & Sales

Data through Jan 31, 2015
  • $84 Median list price / sq ft
  • $58 Median sale price / sq ft
  • No data Listings with price cut
16.3%
Sold below listing
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Enterprise Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $973 Enterprise
    $886 Enterprise Metro
    $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

  • No data Breakeven horizon
  • $850 Rent list price
  • $0.58 Rent list price / sq ft
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