43055 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

Market Temperature: Very ColdWhat's This?
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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 zip code relative to other zip codes in the same metropolitan area. A particular zip code 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 list price per square foot in 43055 is $81, which is lower than the Hanover average of $107. The median price of homes currently listed in 43055 is $109,777 while the median price of homes that sold is $106,100. The median rent price in 43055 is $635.

Foreclosures will be a factor impacting home values in the next several years. In 43055 0.4 homes are foreclosed (per 10,000). This is lower than the national value of 4.4

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 43055 is 4.6%, 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 43055 homeowners underwater on their mortgage is 5.8%.

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Relative ZHVI
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43055 Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $109,777 Median listing price
  • $106,100 Median sale price
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43055 Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 5.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
43076 $145,300    

Listings & Sales

Data through Jul 31, 2014
  • $81 Median list price / sq ft
  • $85 Median sale price / sq ft
  • 39.3% Listings with price cut
28.8%
Sold below listing
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43055 Rentals

Data through Jul 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
$799 43055
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $635 Rent list price
  • $0.71 Rent list price / sq ft
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