Home Values

Fayette County 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

$83,800

  • -1.5% 1-year change
  • -0.0% 1-year forecast

The median home value in Fayette County is $83,800. Fayette County home values have declined -1.5% over the past year and Zillow predicts they will fall -0.0% within the next year. The median list price per square foot in Fayette County is $83, which is lower than the Pittsburgh Metro average of $102. The median price of homes currently listed in Fayette County is $129,900 while the median price of homes that sold is $82,615.

Foreclosures will be a factor impacting home values in the next several years. In Fayette County 8.7 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 2.6 and also greater than the national value of 3.9

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 Fayette County is 4.3%, which is lower than the national value of 6.3%. 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 Fayette County homeowners underwater on their mortgage is 13.0%, which is higher than Pittsburgh Metro at 12.1%.

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Relative ZHVI
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Fayette County Market Overview

Data through Feb 28, 2015
  • $83,800 ZHVI
  • -0.0% 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)
  • $129,900 Median listing price
  • No recent data Median sale price
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Fayette County Market Health

Data through Feb 28, 2015
  • 5.0/10 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
  • 13.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

8.7 homes(Jan 31, 2015) Fayette County
2.6 homes Pittsburgh Metro
3.9 homes United States
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Cities in Fayette County

Name Median ZHVI
Leith-Hatfield $157,500
Hopwood $128,200
South Union Township $125,500
Name Median ZHVI
North Union Township $91,300
Dunbar Township $88,800
South Connellsville $75,300
Name Median ZHVI
East Uniontown $75,100
Connellsville Township $69,900
Uniontown $61,500

Listings & Sales

Data through Feb 28, 2015
  • $83 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.5% Listings with price cut
17.6%
Sold below listing
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Fayette County Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,023 Fayette County
    $1,137 Pittsburgh Metro
    $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

  • 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
  • $0.60 Rent list price / sq ft (Jan 31, 2015)
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