Home Values

Fernwood 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

$88,400

  • 0.5% 1-year change
  • -1.4% 1-year forecast

The median home value in Fernwood is $88,400. Fernwood home values have gone up 0.5% over the past year and Zillow predicts they will fall -1.4% within the next year. The median list price per square foot in Fernwood is $38, which is lower than the Chicago average of $180. The median price of homes currently listed in Fernwood is $39,900 while the median price of homes that sold is $136,538.

Foreclosures will be a factor impacting home values in the next several years. In Fernwood 1.7 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

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Relative ZHVI
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Fernwood Market Overview

Data through Nov 30, 2014
  • $88,400 ZHVI
  • -1.4% 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
    (Nov 30, 2015)
  • $39,900 Median listing price
  • No recent data Median sale price
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Fernwood Market Health

Data through Nov 30, 2014
  • 0.7/10 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.
  • 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)
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Nearby Neighborhoods

Name Median ZHVI
West Chesterfield $125,200
Brainerd $117,500
Longwood Manor $116,400
Name Median ZHVI
Morgan Park $116,200
Rosemoor $116,000
Washington Heights $106,900
Name Median ZHVI
Pullman $101,000
Roseland $89,500
West Pullman $87,500

Listings & Sales

Data through Nov 30, 2014
  • $38 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
41.8%
Sold below listing
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Fernwood Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,227 Fernwood
    $1,673 Chicago
    $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
  • $1.29 Rent list price / sq ft (Oct 31, 2014)
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