Lapel Home Prices & Values

$73,300 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

  • 10.2% 1-year change
  • 0.5% 1-year forecast

The median home value in Lapel is $73,300. Lapel home values have gone up 10.2% over the past year and Zillow predicts they will rise 0.5% within the next year. The median price of homes currently listed in Lapel is $109,900.

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 Lapel is 7.6%, which is higher than the national value of 6.9%.

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Relative ZHVI
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Lapel Market Overview

Data through Jul 31, 2014
  • $73,300 ZHVI
  • 0.5% 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

    (Jul 31, 2015)
  • $109,900 Median listing price
  • No data Median sale price
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Lapel Market Health

Data through Jul 31, 2014
  • 3.0/10 Less 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
  • No data Homes with negative equity (17.0% US Avg)
  • 7.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Fishers $187,700 Cicero $178,000 Noblesville $165,800
McCordsville $162,300 Atlanta $152,400 Arcadia $131,200
Pendleton $105,200 Fortville $98,000 Edgewood $90,900

Listings & Sales

Data through Jul 31, 2014
  • $81 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.0% Listings with price cut
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Lapel 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
$868 Lapel
$825 Anderson Metro
$1,318 United States
  • 2.0 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, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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