Lake Purdy Home Prices & Values

$379,000 Zillow Home Value Index What's This?  
Close

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

  • 6.6% 1-year change
  • 3.0% 1-year forecast

The median home value in Lake Purdy is $379,000. Lake Purdy home values have gone up 6.6% over the past year and Zillow predicts they will rise 3.0% within the next year. The median price of homes currently listed in Lake Purdy is $245,900. The median rent price in Lake Purdy is $865, which is higher than the Birmingham Metro median of $845.

Foreclosures will be a factor impacting home values in the next several years. In Lake Purdy 9.6 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

more
Relative ZHVI
- +

Lake Purdy Market Overview

Data through Jul 31, 2014
  • $379,000 ZHVI
  • 3.0% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $245,900 Median listing price
  • No data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Lake Purdy Market Health

Data through Jul 31, 2014
  • 5.9/10 Healthy What's This?  
    Close

    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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

9.6 homes Lake Purdy
4.4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Mountain Brook $522,500 Indian Springs Village $304,800 Vestavia Hills $291,200
Homewood $268,100 Meadowbrook $267,100 Hoover $247,900
Chelsea $208,500 Irondale $123,000 Birmingham $60,100

Listings & Sales

Data through Jul 31, 2014
  • $199 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 34.0% Listings with price cut
54.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Lake Purdy Rentals

Data through Jul 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
$2,077 Lake Purdy
$996 Birmingham Metro
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $865 Rent list price (Jun 30, 2014)
  • No recent data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading