Home Values

Lochearn 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

$174,100

  • -0.5% 1-year change
  • -0.2% 1-year forecast

The median home value in Lochearn is $174,100. Lochearn home values have declined -0.5% over the past year and Zillow predicts they will fall -0.2% within the next year. The median rent price in Lochearn is $1,143, which is lower than the Baltimore Metro median of $1,500.

Foreclosures will be a factor impacting home values in the next several years. In Lochearn 9.8 homes are foreclosed (per 10,000). This is greater than the Baltimore Metro value of 6.9 and also greater than the national value of 3.8

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 Lochearn is 13.4%, 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 Lochearn homeowners underwater on their mortgage is 25.8%, which is higher than Baltimore Metro at 18.7%.

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Relative ZHVI
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Lochearn Market Overview

Data through Jun 30, 2015
  • $174,100 ZHVI
  • -0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Lochearn Market Health

Data through Jun 30, 2015
  • 0.1/10 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.
  • No data Average days on Zillow
  • 25.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 13.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

10 Lochearn
7 Baltimore Metro
4 United States
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Nearby Cities

Name Median ZHVI
Woodstock $436,000
Lutherville Timonium $334,500
Catonsville $267,800
Name Median ZHVI
Owings Mills $220,200
Pikesville $205,300
Halethorpe $193,500
Name Median ZHVI
Randallstown $192,700
Windsor Mill $169,200
Baltimore $102,200

Listings & Sales

  • No data
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Lochearn Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,620 Lochearn
    $1,733 Baltimore Metro
    $1,369 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $1,143 Rent list price
  • $1.34 Rent list price / sq ft
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