Home Values

London 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in London is $81, which is lower than the Columbus Metro average of $96. The median price of homes currently listed in London is $148,500 while the median price of homes that sold is $112,000. The median rent price in London is $639, which is lower than the Columbus Metro median of $949.

Foreclosures will be a factor impacting home values in the next several years. In London 2.0 homes are foreclosed (per 10,000). This is lower than the Columbus Metro value of 6.7 and also lower 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 London is 5.8%, which is lower than the national value of 6.4%. 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 London homeowners underwater on their mortgage is 20.9%, which is higher than Columbus Metro at 17.6%.

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Relative ZHVI
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London Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $148,500 Median listing price
  • No recent data Median sale price
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London Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 20.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2 homes(Jan 31, 2014) London
6.7 homes Columbus Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Milford Center $150,400
South Vienna $141,500
Lake Darby $129,200
Name Median ZHVI
South Charleston $123,700
Mechanicsburg $76,400
 

Listings & Sales

Data through Jan 31, 2015
  • $81 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
24.4%
Sold below listing
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London Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $922 London
    $1,251 Columbus Metro
    $1,350 United States

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

  • No data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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