12569 Home Prices & Values

$241,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.9% 1-year change
  • 3.8% 1-year forecast

The median home value in 12569 is $241,200. 12569 home values have gone up 4.9% over the past year and Zillow predicts they will rise 3.8% within the next year. The median list price per square foot in 12569 is $154, which is lower than the La Grange average of $155. The median price of homes currently listed in 12569 is $259,500 while the median price of homes that sold is $352,941. The median rent price in 12569 is $1,500, which is lower than the La Grange median of $2,000.

Foreclosures will be a factor impacting home values in the next several years. In 12569 3.2 homes are foreclosed (per 10,000). This is lower than the La Grange value of 6.6 and also lower 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 12569 is 15.8%, 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 12569 homeowners underwater on their mortgage is 19.6%, which is higher than La Grange at 16.9%.

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Relative ZHVI
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12569 Market Overview

Data through Aug 31, 2014
  • $241,200 ZHVI
  • 3.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $259,500 Median listing price
  • No recent data Median sale price
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12569 Market Health

Data through Aug 31, 2014
  • 6.3/10 Healthy What's This?  
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    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
  • 19.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 15.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.2 homes(Jul 31, 2014) 12569
6.6 homes(May 31, 2014) La Grange
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
12570 $290,200 12545 $278,400 12540 $276,300
12514 $256,300 12578 $247,400 12580 $219,200
12603 $207,100 12601 $181,900 12538 $181,600

Listings & Sales

Data through Aug 31, 2014
  • $154 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 42.9% Listings with price cut
6.2%
Sold below listing
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12569 Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,840 12569
$1,955 La Grange
$1,328 United States
  • 4.1 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,500 Rent list price
  • $1.12 Rent list price / sq ft
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