Home Values

45246 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

$113,000

  • 6.2% 1-year change
  • 1.9% 1-year forecast

The median home value in 45246 is $113,000. 45246 home values have gone up 6.2% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in 45246 is $88, which is lower than the Glendale average of $112. The median price of homes currently listed in 45246 is $124,900 while the median price of homes that sold is $114,923. The median rent price in 45246 is $679.

Foreclosures will be a factor impacting home values in the next several years. In 45246 4.0 homes are foreclosed (per 10,000). This is lower than the Glendale value of 7.4 and also lower than the national value of 4.3

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 45246 is 5.2%, which is lower than the national value of 6.9%. 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 45246 homeowners underwater on their mortgage is 21.7%.

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Relative ZHVI
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45246 Market Overview

Data through Aug 31, 2014
  • $113,000 ZHVI
  • 1.9% 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
    (Aug 31, 2015)
  • $124,900 Median listing price
  • $114,923 Median sale price (Jul 31, 2014)
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45246 Market Health

Data through Aug 31, 2014
  • 5.7/10 Healthy
    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
  • 21.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4 homes 45246
7.4 homes(Oct 31, 2013) Glendale
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI
45069 $195,600
45241 $190,100
45014 $136,400
Name Median ZHVI
45215 $111,800
45240 $104,500
45218 $99,800
Name Median ZHVI
45231 $90,300
45237 $78,900
45216 $64,200

Listings & Sales

Data through Aug 31, 2014
  • $88 Median list price / sq ft
  • $77 Median sale price / sq ft (Jul 31, 2014)
  • 52.8% Listings with price cut
24.0%
Sold below listing
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45246 Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,044 45246
    $1,632 Glendale
    $1,328 United States

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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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