Home Values

49203 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

$76,200

  • -0.3% 1-year change
  • -0.5% 1-year forecast

The median home value in 49203 is $76,200. 49203 home values have declined -0.3% over the past year and Zillow predicts they will fall -0.5% within the next year. The median list price per square foot in 49203 is None. The median rent price in 49203 is $730, which is higher than the Jackson median of $625.

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 49203 homeowners underwater on their mortgage is 34.3%, which is lower than Jackson at 34.5%.

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Relative ZHVI
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49203 Market Overview

Data through Mar 31, 2015
  • $76,200 ZHVI
  • -0.5% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $85,215 Median sale price (Feb 28, 2015)
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49203 Market Health

Data through Mar 31, 2015
  • 1.9/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 34.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
49283 $130,300
49246 $128,800
49234 $127,400
Name Median ZHVI
49233 $121,200
49272 $116,200
49277 $111,400
Name Median ZHVI
49201 $110,600
49254 $83,000
49202 $57,100

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
20.6%
Sold below listing
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49203 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $875 49203
    $792 Jackson
    $1,362 United States

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

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $730 Rent list price
  • No data Rent list price / sq ft
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