Home Values

Iron Station 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

$140,700

  • 1.8% 1-year change
  • None 1-year forecast

The median home value in Iron Station is $140,700. Iron Station home values have gone up 1.8% over the past year. The median list price per square foot in Iron Station is $107, which is lower than the Lincolnton Metro average of $107. The median price of homes currently listed in Iron Station is $189,900 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 2.9 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

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 3.2%, which is lower 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 Iron Station homeowners underwater on their mortgage is 14.6%.

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Relative ZHVI
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Iron Station Market Overview

Data through Nov 30, 2014
  • $140,700 ZHVI
  • No data 1-yr forecast
  • $189,900 Median listing price
  • No recent data Median sale price
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Iron Station Market Health

Data through Nov 30, 2014
  • 6.6/10 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
  • 14.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.9 homes Iron Station
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Denver $265,400
Sherrills Ford $242,000
Mount Holly $124,300
Name Median ZHVI
Stanley $111,100
Lincolnton $97,300
Maiden $90,300
Name Median ZHVI
Lowell $87,300
Ranlo $76,500
Dallas $70,200

Listings & Sales

Data through Nov 30, 2014
  • $107 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
17.5%
Sold below listing
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Iron Station Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,080 Iron Station
    $1,124 Lincolnton Metro
    $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)
  • No data Rent list price
  • No data Rent list price / sq ft
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