Home Values

Grasonville 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

$356,400

  • -2.6% 1-year change
  • -0.8% 1-year forecast

The median home value in Grasonville is $356,400. Grasonville home values have declined -2.6% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in Grasonville is None. The median rent price in Grasonville is $1,600, which is higher than the Baltimore Metro median of $1,495.

Foreclosures will be a factor impacting home values in the next several years. In Grasonville 6.5 homes are foreclosed (per 10,000). This is lower than the Baltimore Metro value of 6.8 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 Grasonville is 10.5%, 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 Grasonville homeowners underwater on their mortgage is 15.1%, which is lower than Baltimore Metro at 18.7%.

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Relative ZHVI
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Grasonville Market Overview

Data through May 31, 2015
  • $356,400 ZHVI
  • -0.8% 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
  • No recent data Median sale price
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Grasonville Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 15.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 10.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

6.5 homes Grasonville
6.8 homes Baltimore Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Bozman $474,700
Queenstown $390,700
Saint Michaels $380,500
Name Median ZHVI
Stevensville $331,900
Centreville $311,100
Chester $290,300
Name Median ZHVI
Easton $261,300
Cordova $224,300
Rock Hall $174,800

Listings & Sales

  • No data
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Grasonville Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,948 Grasonville
    $1,736 Baltimore 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

  • 4.1 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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