Home Values

King 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

$128,700

  • 6.5% 1-year change
  • 3.7% 1-year forecast

The median home value in King is $128,700. King home values have gone up 6.5% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in King is $88, which is higher than the Winston-Salem Metro average of $86. The median price of homes currently listed in King is $149,900 while the median price of homes that sold is $110,500. The median rent price in King is $575, which is lower than the Winston-Salem Metro median of $800.

Foreclosures will be a factor impacting home values in the next several years. In King 1.4 homes are foreclosed (per 10,000). This is lower than the Winston-Salem Metro value of 5.1 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 is 4.7%, 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 homeowners underwater on their mortgage is 10.9%, which is lower than Winston-Salem Metro at 16.2%.

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Relative ZHVI
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King Market Overview

Data through Jan 31, 2015
  • $128,700 ZHVI
  • 3.7% 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
    (Jan 31, 2016)
  • $149,900 Median listing price
  • $110,500 Median sale price (Dec 31, 2014)
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King Market Health

Data through Jan 31, 2015
  • 8.9/10 Very 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 10.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.4 homes(Jun 30, 2014) King
5.1 homes Winston-Salem Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Pinnacle $142,400
Germanton $130,400
Lawsonville $125,900
Name Median ZHVI
Walnut Cove $125,400
Tobaccoville $123,700
East Bend $123,000
Name Median ZHVI
Danbury $122,200
Walkertown $112,800
Rural Hall $107,000

Listings & Sales

Data through Jan 31, 2015
  • $88 Median list price / sq ft
  • $78 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
14.3%
Sold below listing
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King Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,016 King
    $1,036 Winston-Salem Metro
    $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

  • 2.1 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 recent data Rent list price
  • No data Rent list price / sq ft
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