Home Values

Ephrata 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

$116,100

  • -0.6% 1-year change
  • None 1-year forecast

The median home value in Ephrata is $116,100. Ephrata home values have declined -0.6% over the past year. The median list price per square foot in Ephrata is $100, which is lower than the Moses Lake Metro average of $108. The median price of homes currently listed in Ephrata is $128,900 while the median price of homes that sold is $157,722.

Foreclosures will be a factor impacting home values in the next several years. In Ephrata 5.0 homes are foreclosed (per 10,000). This is greater than the national value of 4.2

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 Ephrata is 3.5%, 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 Ephrata homeowners underwater on their mortgage is 18.9%.

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Relative ZHVI
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Ephrata Market Overview

Data through Nov 30, 2014
  • $116,100 ZHVI
  • No data 1-yr forecast
  • $128,900 Median listing price
  • $157,722 Median sale price (Oct 31, 2014)
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Ephrata Market Health

Data through Nov 30, 2014
  • 4.8/10 Stable
    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
  • 18.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

5 homes(Oct 31, 2014) Ephrata
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Malaga $189,900
Quincy $145,200
Moses Lake $123,900
Name Median ZHVI
Mattawa $119,800
Royal City $87,700
Coulee City $85,600
Name Median ZHVI
Warden $70,000
 
 

Listings & Sales

Data through Nov 30, 2014
  • $100 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
20.1%
Sold below listing
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Ephrata Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,106 Ephrata
    $1,073 Moses Lake Metro
    $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

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