Home Values

28530 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

$84,500

  • -1.2% 1-year change
  • 3.8% 1-year forecast

The median home value in 28530 is $84,500. 28530 home values have declined -1.2% over the past year and Zillow predicts they will rise 3.8% within the next year. The median price of homes currently listed in 28530 is $69,900.

Foreclosures will be a factor impacting home values in the next several years. In 28530 6.3 homes are foreclosed (per 10,000). This is the same as the Grifton value of 6.3 and also greater than the national value of 3.9

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 28530 homeowners underwater on their mortgage is 17.8%, which is lower than Grifton at 19.5%.

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Relative ZHVI
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28530 Market Overview

Data through Feb 28, 2015
  • $84,500 ZHVI
  • 3.8% 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
    (Feb 29, 2016)
  • $69,900 Median listing price
  • No data Median sale price
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28530 Market Health

Data through Feb 28, 2015
  • 1.6/10 Less 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
  • 17.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
28590 $140,100
27858 $131,800
27837 $131,400
Name Median ZHVI
28504 $105,300
28513 $88,500
27828 $79,800
Name Median ZHVI
28501 $73,300
 
 

Listings & Sales

Data through Feb 28, 2015
  • $63 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.0% Listings with price cut
33.3%
Sold below listing
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28530 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $847 28530
    $833 Grifton
    $1,355 United States

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

  • 1.3 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 data Rent list price
  • No data Rent list price / sq ft
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