Lithia Springs Home Prices & Values

$89,500 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

  • 16.8% 1-year change
  • 6.2% 1-year forecast

The median home value in Lithia Springs is $89,500. Lithia Springs home values have gone up 16.8% over the past year and Zillow predicts they will rise 6.2% within the next year. The median list price per square foot in Lithia Springs is $71, which is lower than the Atlanta Metro average of $97. The median price of homes currently listed in Lithia Springs is $99,900 while the median price of homes that sold is $116,950. The median rent price in Lithia Springs is $975, which is lower than the Atlanta Metro median of $1,100.

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 Lithia Springs is 6.2%, 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 Lithia Springs homeowners underwater on their mortgage is 48.7%, which is higher than Atlanta Metro at 28.9%.

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Relative ZHVI
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Lithia Springs Market Overview

Data through Aug 31, 2014
  • $89,500 ZHVI
  • 6.2% 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

    (Aug 31, 2015)
  • $99,900 Median listing price
  • No recent data Median sale price
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Lithia Springs Market Health

Data through Aug 31, 2014
  • 4.8/10 Stable 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
  • 48.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.2% 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
Vinings $392,900 Marietta $212,700 Smyrna $190,800
Atlanta $156,600 Mableton $135,400 Powder Springs $121,300
Douglasville $111,200 Austell $102,200 East Point $66,200

Listings & Sales

Data through Aug 31, 2014
  • $71 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.8% Listings with price cut
40.2%
Sold below listing
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Lithia Springs Rentals

Data through Aug 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
$978 Lithia Springs
$1,197 Atlanta Metro
$1,328 United States
  • 0.7 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, 2014)
  • $975 Rent list price
  • $0.69 Rent list price / sq ft
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