Home Values

Faison 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

None

  • None 1-year change
  • None 1-year forecast

Foreclosures will be a factor impacting home values in the next several years. In Faison 48.7 homes are foreclosed (per 10,000). This is greater than the Duplin County value of 6.9 and also 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 Faison is 4.3%, 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 Faison homeowners underwater on their mortgage is 14.9%, which is lower than Duplin County at 19.8%.

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Relative ZHVI
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Faison Market Overview

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Faison Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 14.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

48.7 homes Faison
6.9 homes Duplin County
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Four Oaks $125,700
Princeton $123,800
Magnolia $84,500
Name Median ZHVI
Kenansville $76,900
Mount Olive $75,400
Warsaw $63,900

Listings & Sales

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Faison Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $917 Faison
    $820 Duplin County
    $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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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