Great Bridge Home Prices & Values

$310,300 Zillow Home Value Index What's This?  
Close

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

  • 3.0% 1-year change
  • 2.3% 1-year forecast

Market Temperature: WarmWhat's This?
Close

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Great Bridge is $310,300. Great Bridge home values have gone up 3.0% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Great Bridge is $138, which is higher than the Chesapeake average of $129. The median price of homes currently listed in Great Bridge is $351,900 while the median price of homes that sold is $310,829. The median rent price in Great Bridge is $1,450, which is higher than the Chesapeake median of $1,395.

Foreclosures will be a factor impacting home values in the next several years. In Great Bridge 0.6 homes are foreclosed (per 10,000). This is greater than the Chesapeake value of 0.1 and also lower than the national value of 4.3

more
Relative ZHVI
- +

Great Bridge Market Overview

Data through Aug 31, 2014
  • $310,300 ZHVI
  • 2.3% 1-yr forecast What's This?  
    Close

    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)
  • $351,900 Median listing price
  • $310,829 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Great Bridge Market Health

Data through Aug 31, 2014
  • 5.8/10 Healthy What's This?  
    Close

    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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Pleasant Grove West $338,000 Great Bridge East $297,700 Deep Creek South $277,700
Greenbrier East $241,000 Mears Corner $233,900 Greenbrier West $219,700
Deep Creek North $179,300 Indian River $172,400 South Norfolk $150,400

Listings & Sales

Data through Aug 31, 2014
  • $138 Median list price / sq ft
  • $132 Median sale price / sq ft
  • 26.7% Listings with price cut
34.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Great Bridge Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,954 Great Bridge
$1,591 Chesapeake
$1,328 United States
  • 3.9 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,450 Rent list price
  • $1.03 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

 
 
 
Sign in with Google