Town of Elba 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

$99,000

  • 1.2% 1-year change
  • None 1-year forecast

The median home value in Town of Elba is $99,000. Town of Elba home values have gone up 1.2% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Town of Elba 13.5 homes are foreclosed (per 10,000). This is greater than the national value of 3.6

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 Town of Elba is 9.7%, which is higher than the national value of 6.0%. 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 Town of Elba homeowners underwater on their mortgage is 9.0%.

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Relative ZHVI
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Town of Elba Market Overview

Data through Jul 31, 2015
  • $99,000 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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Town of Elba Market Health

Data through Jul 31, 2015
  • 6.5/10 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.
  • No data Average days on Zillow
  • 9.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 9.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Town of Bergen $113,300
Byron $105,800
Alabama $105,400
Name Median ZHVI
Town of Alexander $105,200
Stafford $104,900
Town of Le Roy $100,000
Name Median ZHVI
Bethany $98,800
Town of Batavia $90,600
Town of Oakfield $86,700

Listings & Sales

  • No data
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Town of Elba Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,459 Town of Elba
    $1,459 Batavia Metro
    $1,376 United States

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

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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