Home Values

Irmo 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 Irmo is $86, which is higher than the Columbia Metro average of $84. The median price of homes currently listed in Irmo is $200,000 while the median price of homes that sold is $138,725. The median rent price in Irmo is $1,175, which is higher than the Columbia Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Irmo 11.1 homes are foreclosed (per 10,000). This is greater than the Columbia Metro value of 5.0 and also greater than the national value of 4.0

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 Irmo is 7.1%, which is higher than the national value of 6.4%. 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 Irmo homeowners underwater on their mortgage is 20.0%, which is lower than Columbia Metro at 20.5%.

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Relative ZHVI
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Irmo Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $200,000 Median listing price
  • No recent data Median sale price
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Irmo Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 20.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

11.1 homes(Sep 30, 2014) Irmo
5 homes Columbia Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Chapin $201,700
Little Mountain $169,400
Lexington $143,900
Name Median ZHVI
Seven Oaks $129,700
Springdale $128,500
Oak Grove $117,000
Name Median ZHVI
West Columbia $107,900
Cayce $97,300
 

Listings & Sales

Data through Dec 31, 2014
  • $86 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 12.1% Listings with price cut
54.1%
Sold below listing
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Irmo Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,204 Irmo
    $1,095 Columbia Metro
    $1,345 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
  • $1,175 Rent list price
  • $0.83 Rent list price / sq ft
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