Iron Station Home Prices & Values

$140,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.0% 1-year change
  • No data 1-year forecast

The median home value in Iron Station is $140,700. Iron Station home values have gone up 2.0% over the past year. The median list price per square foot in Iron Station is $117, which is higher than the Lincolnton Metro average of $113. The median price of homes currently listed in Iron Station is $225,000 while the median price of homes that sold is $72,500.

Foreclosures will be a factor impacting home values in the next several years. In Iron Station 4.8 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

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 Iron Station is 1.5%, 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 Iron Station homeowners underwater on their mortgage is 12.3%.

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Relative ZHVI
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Iron Station Market Overview

Data through Jul 31, 2014
  • $140,700 ZHVI
  • No data 1-yr forecast
  • $225,000 Median listing price
  • No recent data Median sale price
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Iron Station Market Health

Data through Jul 31, 2014
  • 6.6/10 Healthy What's This?  
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    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
  • 12.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.8 homes Iron Station
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Denver $248,000 Sherrills Ford $212,300 Mount Holly $124,900
Stanley $109,100 Lincolnton $94,400 Lowell $83,900
Maiden $83,500 Ranlo $76,200 Dallas $69,800

Listings & Sales

Data through Jul 31, 2014
  • $117 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.9% Listings with price cut
16.7%
Sold below listing
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Iron Station Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,061 Iron Station
$1,114 Lincolnton Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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