Home Values

Forbestown 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

The median price of homes currently listed in Forbestown is $179,000.

Foreclosures will be a factor impacting home values in the next several years. In Forbestown 248.1 homes are foreclosed (per 10,000). This is greater than the Chico Metro value of 3.9 and also greater than the national value of 3.5

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 Forbestown 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 Forbestown homeowners underwater on their mortgage is 37.5%, which is higher than Chico Metro at 16.5%.

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Relative ZHVI
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Forbestown Market Overview

  • No data
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Forbestown Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 37.5% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 0.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

248.1 homes(Jan 31, 2015) Forbestown
3.9 homes Chico Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Nevada City $343,700
Penn Valley $315,500
Marysville $155,900
Name Median ZHVI
Berry Creek $155,700
Oroville $143,500
 

Listings & Sales

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Forbestown Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,299 Chico Metro
    $1,367 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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