Home Values

Linn County 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

$154,000

  • 4.4% 1-year change
  • None 1-year forecast

The median home value in Linn County is $154,000. Linn County home values have gone up 4.4% over the past year. The median list price per square foot in Linn County is $121, which is the same as the Albany Metro average of $121. The median price of homes currently listed in Linn County is $185,000 while the median price of homes that sold is $167,225. The median rent price in Linn County is $775, which is the same as the Albany Metro median of $775.

Foreclosures will be a factor impacting home values in the next several years. In Linn County 5.7 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

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 Linn County is 5.6%, which is lower 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 Linn County homeowners underwater on their mortgage is 19.3%.

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Relative ZHVI
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Linn County Market Overview

Data through Sep 30, 2014
  • $154,000 ZHVI
  • No data 1-yr forecast
  • $185,000 Median listing price
  • $167,225 Median sale price
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Linn County Market Health

Data through Sep 30, 2014
  • 2.5/10 Less 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.
  • 88 Average days on Zillow (Aug 31, 2014)
  • 19.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.7 homes Linn County
4 homes United States
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Cities in Linn County

Name Median ZHVI
Scio $196,500
Lyons $189,800
Albany $173,900
Name Median ZHVI
Harrisburg $171,100
Brownsville $149,400
Lebanon $130,600
Name Median ZHVI
Sweet Home $127,100
Mill City $124,100
Foster $115,700

Listings & Sales

Data through Sep 30, 2014
  • $121 Median list price / sq ft
  • $116 Median sale price / sq ft
  • 33.8% Listings with price cut
20.0%
Sold below listing
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Linn County Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,033 Linn County
    $1,033 Albany Metro
    $1,335 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $775 Rent list price
  • $0.84 Rent list price / sq ft
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