47240 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

$117,800

  • 0.9% 1-year change
  • None 1-year forecast

The median home value in 47240 is $117,800. 47240 home values have gone up 0.9% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In 47240 1.0 homes are foreclosed (per 10,000). This is lower than the Cincinnati Metro value of 3.4 and also lower than the national value of 3.6

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 47240 homeowners underwater on their mortgage is 16.9%, which is lower than Cincinnati Metro at 16.9%.

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Relative ZHVI
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47240 Market Overview

Data through Jul 31, 2015
  • $117,800 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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47240 Market Health

Data through Jul 31, 2015
  • 7.5/10 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
  • 16.9% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

1(Oct 31, 2007) 47240
3 Cincinnati Metro
4 United States
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Nearby Zip Codes

Name Median ZHVI
47006 $154,000
47272 $108,000
46182 $104,300
Name Median ZHVI
47283 $101,500
47246 $99,300
46173 $84,900

Listings & Sales

  • No data
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47240 Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,064 47240
    $1,259 Cincinnati Metro
    $1,376 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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