Home Values

Four Corners 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

$150,700

  • 8.8% 1-year change
  • 6.6% 1-year forecast

The median home value in Four Corners is $150,700. Four Corners home values have gone up 8.8% over the past year and Zillow predicts they will rise 6.6% within the next year. The median list price per square foot in Four Corners is None. The median rent price in Four Corners is $850, which is lower than the Salem Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Four Corners 11.8 homes are foreclosed (per 10,000). This is greater than the Salem Metro value of 7.8 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 Four Corners is 9.0%, which is higher 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 Four Corners homeowners underwater on their mortgage is 15.8%, which is the same as Salem Metro at 15.8%.

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Relative ZHVI
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Four Corners Market Overview

Data through May 31, 2015
  • $150,700 ZHVI
  • 6.6% 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
    (May 31, 2016)
  • No data Median listing price
  • $152,000 Median sale price (Apr 30, 2015)
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Four Corners Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 15.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 9.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

11.8 homes Four Corners
7.8 homes Salem Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Silverton $227,700
Turner $207,100
Aumsville $191,700
Name Median ZHVI
Keizer $179,500
Jefferson $176,200
Salem $168,800
Name Median ZHVI
Hayesville $156,300
Gervais $134,800
 

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $120 Median sale price / sq ft
  • No data Listings with price cut
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Four Corners Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,171 Four Corners
    $1,279 Salem 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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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