Home Values

Fisher Island 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

$2,999,600

  • 0.7% 1-year change
  • -2.2% 1-year forecast

The median home value in Fisher Island is $2,999,600. Fisher Island home values have gone up 0.7% over the past year and Zillow predicts they will fall -2.2% within the next year. The median list price per square foot in Fisher Island is $1,348, which is higher than the Miami-Fort Lauderdale Metro average of $165. The median price of homes currently listed in Fisher Island is $3,300,000 while the median price of homes that sold is $1,850,000.

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 Fisher Island is 0.0%, 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 Fisher Island homeowners underwater on their mortgage is 8.6%, which is lower than Miami-Fort Lauderdale Metro at 20.1%.

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Relative ZHVI
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Fisher Island Market Overview

Data through Jan 31, 2015
  • $2,999,600 ZHVI
  • -2.2% 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
    (Jan 31, 2016)
  • $3,300,000 Median listing price
  • No recent data Median sale price
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Fisher Island Market Health

Data through Jan 31, 2015
  • 5.8/10 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
  • 8.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Key Biscayne $1,073,300
Surfside $552,000
Miami Shores $451,400
Name Median ZHVI
Miami Beach $384,000
El Portal $306,500
Miami $278,400
Name Median ZHVI
North Bay Village $250,000
Gladeview $88,200
Brownsville $86,900

Listings & Sales

Data through Jan 31, 2015
  • $1,348 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
13.3%
Sold below listing
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Fisher Island Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $13,020 Fisher Island
    $1,779 Miami-Fort Lauderdale 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

  • 17.7 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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