Home Values

28638 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 28638 is $77, which is higher than the Hudson average of $74. The median price of homes currently listed in 28638 is $124,900 while the median price of homes that sold is $129,000.

Foreclosures will be a factor impacting home values in the next several years. In 28638 3.4 homes are foreclosed (per 10,000). This is lower than the Hudson value of 6.4 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 28638 is 5.1%, 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 28638 homeowners underwater on their mortgage is 17.1%, which is the same as Hudson at 17.1%.

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Relative ZHVI
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28638 Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $124,900 Median listing price
  • $129,000 Median sale price (Jul 31, 2014)
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28638 Market Health

Data through Aug 31, 2014
  • 3.2/10 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
  • 17.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.4 homes 28638
6.4 homes Hudson
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI
28601 $125,300
28630 $117,000
28655 $107,100
Name Median ZHVI
28612 $105,200
28690 $103,300
28637 $99,200
Name Median ZHVI
28645 $95,100
28602 $93,100
 

Listings & Sales

Data through Aug 31, 2014
  • $77 Median list price / sq ft
  • $87 Median sale price / sq ft (Jul 31, 2014)
  • 40.3% Listings with price cut
16.0%
Sold below listing
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28638 Rentals

Data through Aug 31, 2014
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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