Home Values

Kipton 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

None

  • None 1-year change
  • None 1-year forecast

Foreclosures will be a factor impacting home values in the next several years. In Kipton 500.0 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 5.1 and also greater than the national value of 4.3

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 Kipton is 14.3%, which is higher 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 Kipton homeowners underwater on their mortgage is 30.4%, which is higher than Cleveland Metro at 20.8%.

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Relative ZHVI
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Kipton Market Overview

  • No data
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Kipton Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 30.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 14.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

500 homes(Sep 30, 2011) Kipton
5.1 homes Cleveland Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Oberlin $119,300
Wellington $108,700
 

Listings & Sales

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Kipton Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,147 Cleveland Metro
    $1,328 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
  • No data Rent list price
  • No data Rent list price / sq ft
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