Home Values

22308 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

$620,100

  • -2.7% 1-year change
  • -2.4% 1-year forecast

The median home value in 22308 is $620,100. 22308 home values have declined -2.7% over the past year and Zillow predicts they will fall -2.4% within the next year. The median rent price in 22308 is $2,950, which is the same as the Fort Hunt median of $2,950.

Foreclosures will be a factor impacting home values in the next several years. In 22308 1.1 homes are foreclosed (per 10,000). This is the same as the Fort Hunt value of 1.1 and also lower than the national value of 3.8

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 22308 homeowners underwater on their mortgage is 6.8%, which is higher than Fort Hunt at 6.4%.

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Relative ZHVI
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22308 Market Overview

Data through Jun 30, 2015
  • $620,100 ZHVI
  • -2.4% 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
    (Jun 30, 2016)
  • No data Median listing price
  • $652,375 Median sale price
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22308 Market Health

Data through Jun 30, 2015
  • 5.3/10 Stable
    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
  • 6.8% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
22314 $574,700
22307 $522,100
22310 $431,200
Name Median ZHVI
22306 $407,000
22309 $362,700
22303 $333,600
Name Median ZHVI
20607 $265,200
20744 $230,900
20616 $202,200

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $385 Median sale price / sq ft
  • No data Listings with price cut
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22308 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $2,818 22308
    $2,848 Fort Hunt
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $2,950 Rent list price
  • No data Rent list price / sq ft
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