Home Values

Ignacio 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

$212,000

  • 15.2% 1-year change
  • None 1-year forecast

The median home value in Ignacio is $212,000. Ignacio home values have gone up 15.2% over the past year. The median price of homes currently listed in Ignacio is $215,000.

Foreclosures will be a factor impacting home values in the next several years. In Ignacio 9.3 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

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 Ignacio homeowners underwater on their mortgage is 12.9%.

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Relative ZHVI
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Ignacio Market Overview

Data through Dec 31, 2014
  • $212,000 ZHVI
  • No data 1-yr forecast
  • $215,000 Median listing price
  • No data Median sale price
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Ignacio Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 12.9% Homes with negative equity (16.9% US Avg) (Mar 31, 2014)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Cities

Name Median ZHVI
Durango $369,100
Hesperus $274,900
 

Listings & Sales

Data through Dec 31, 2014
  • $147 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.7% Listings with price cut
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Ignacio Rentals

Data through Dec 31, 2014
  • 2.7 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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