Home Values

Lake Toxaway 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

$418,000

  • 4.1% 1-year change
  • None 1-year forecast

The median home value in Lake Toxaway is $418,000. Lake Toxaway home values have gone up 4.1% over the past year. The median list price per square foot in Lake Toxaway is $257, which is higher than the Brevard Metro average of $144. The median price of homes currently listed in Lake Toxaway is $599,000 while the median price of homes that sold is $385,000. The median rent price in Lake Toxaway is $4,000, which is higher than the Brevard Metro median of $3,200.

Foreclosures will be a factor impacting home values in the next several years. In Lake Toxaway 16.2 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

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 Lake Toxaway is 0.0%, which is lower than the national value of 6.3%. 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 Lake Toxaway homeowners underwater on their mortgage is 4.5%.

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Relative ZHVI
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Lake Toxaway Market Overview

Data through Feb 28, 2015
  • $418,000 ZHVI
  • No data 1-yr forecast
  • $599,000 Median listing price
  • No recent data Median sale price
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Lake Toxaway Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 4.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

16.2 homes(Jan 31, 2015) Lake Toxaway
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Cashiers $421,400
Glenville $312,200
Sunset $307,400
Name Median ZHVI
Sapphire $264,300
Salem $215,900
Tuckasegee $199,800
Name Median ZHVI
Cullowhee $198,700
Brevard $176,900
Tamassee $157,600

Listings & Sales

Data through Feb 28, 2015
  • $257 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 4.1% Listings with price cut
8.3%
Sold below listing
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Lake Toxaway Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,436 Lake Toxaway
    $1,248 Brevard Metro
    $1,355 United States

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

  • 4.4 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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