Home Values

Indian Orchard 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

$113,200

  • -1.0% 1-year change
  • 0.7% 1-year forecast

The median home value in Indian Orchard is $113,200. Indian Orchard home values have declined -1.0% over the past year and Zillow predicts they will rise 0.7% within the next year. The median list price per square foot in Indian Orchard is $100, which is higher than the Springfield average of $98. The median price of homes currently listed in Indian Orchard is $115,000 while the median price of homes that sold is $150,000. The median rent price in Indian Orchard is $950, which is the same as the Springfield median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Indian Orchard 6.1 homes are foreclosed (per 10,000). This is greater than the Springfield value of 5.1 and also greater than the national value of 4.2

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Relative ZHVI
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Indian Orchard Market Overview

Data through Nov 30, 2014
  • $113,200 ZHVI
  • 0.7% 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
    (Nov 30, 2015)
  • $115,000 Median listing price
  • No recent data Median sale price
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Indian Orchard Market Health

Data through Nov 30, 2014
  • 0.8/10 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

6.1 homes(Sep 30, 2014) Indian Orchard
5.1 homes Springfield
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Sixteen Acres $147,300
East Forest Park $142,700
Boston Road $125,100
Name Median ZHVI
McKnight $119,400
Liberty Heights $113,800
East Springfield $113,700
Name Median ZHVI
Pine Point $110,500
Upper Hill $103,700
Old Hill $82,600

Listings & Sales

Data through Nov 30, 2014
  • $100 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
45.5%
Sold below listing
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Indian Orchard Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,193 Indian Orchard
    $1,246 Springfield
    $1,342 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $950 Rent list price
  • $0.80 Rent list price / sq ft
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