Florala 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

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 Florala is 0.0%, which is lower than the national value of 6.0%. 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 Florala homeowners underwater on their mortgage is 17.6%, which is higher than Covington County at 16.0%.

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Relative ZHVI
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Florala Market Overview

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Florala Market Health

Data through Jul 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 17.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 0.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Crestview $134,200
Baker $130,700
 

Listings & Sales

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Florala Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $895 Florala
    $955 Covington County
    $1,376 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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