Home Values

King George 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

$248,300

  • 5.5% 1-year change
  • None 1-year forecast

The median home value in King George is $248,300. King George home values have gone up 5.5% over the past year. The median list price per square foot in King George is $141, which is higher than the King George County average of $137. The median price of homes currently listed in King George is $280,000 while the median price of homes that sold is $279,950. The median rent price in King George is $1,495, which is the same as the King George County median of $1,495.

Foreclosures will be a factor impacting home values in the next several years. In King George 0.7 homes are foreclosed (per 10,000). This is the same as the King George County value of 0.7 and also lower 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 King George is 4.3%, 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 King George homeowners underwater on their mortgage is 28.5%, which is higher than King George County at 28.5%.

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Relative ZHVI
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King George Market Overview

Data through Jan 31, 2015
  • $248,300 ZHVI
  • No data 1-yr forecast
  • $280,000 Median listing price
  • $279,950 Median sale price (Dec 31, 2014)
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King George Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 28.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
La Plata $312,400
Newburg $287,800
Nanjemoy $273,500
Name Median ZHVI
Cobb Island $233,200
Indian Head $187,400
Bowling Green $162,300

Listings & Sales

Data through Jan 31, 2015
  • $141 Median list price / sq ft
  • $132 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
38.7%
Sold below listing
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King George Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,522 King George
    $1,535 King George County
    $1,350 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
  • $1,495 Rent list price
  • $0.81 Rent list price / sq ft
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