Home Values

Forest City 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 list price per square foot in Forest City is None.

Foreclosures will be a factor impacting home values in the next several years. In Forest City 2.2 homes are foreclosed (per 10,000). This is lower 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 Forest City is 7.0%, which is higher 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 Forest City homeowners underwater on their mortgage is 16.7%.

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Relative ZHVI
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Forest City Market Overview

  • No data
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Forest City Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 16.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.2 homes Forest City
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Inman $125,300
Boiling Springs $117,300
Chesnee $106,800
Name Median ZHVI
Rutherfordton $84,500
Cowpens $74,500
Bostic $70,000
Name Median ZHVI
Ellenboro $57,900
 
 

Listings & Sales

  • No data
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Forest City Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $837 Forest City
    $880 Forest City Metro
    $1,364 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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