Home Values

Longbranch 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

$275,200

  • -2.8% 1-year change
  • 0.4% 1-year forecast

The median home value in Longbranch is $275,200. Longbranch home values have declined -2.8% over the past year and Zillow predicts they will rise 0.4% within the next year. The median price of homes currently listed in Longbranch is $248,000.

Foreclosures will be a factor impacting home values in the next several years. In Longbranch 19.0 homes are foreclosed (per 10,000). This is greater than the Seattle Metro value of 6.0 and also greater than the national value of 4.3

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 Longbranch is 8.7%, which is higher 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 Longbranch homeowners underwater on their mortgage is 19.2%, which is higher than Seattle Metro at 17.0%.

Read more
Relative ZHVI
- +

Longbranch Market Overview

Data through Aug 31, 2014
  • $275,200 ZHVI
  • 0.4% 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
    (Aug 31, 2015)
  • $248,000 Median listing price
  • No data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Longbranch Market Health

Data through Aug 31, 2014
  • 0.2/10 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
  • 19.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

19 homes(Jun 30, 2014) Longbranch
6 homes Seattle Metro
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Fox Island $461,200
Gig Harbor $360,300
Dupont $292,400
Name Median ZHVI
Grapeview $280,700
Steilacoom $273,200
Lakebay $244,400
Name Median ZHVI
Allyn $237,600
Olympia $227,300
Lacey $204,800

Listings & Sales

Data through Aug 31, 2014
  • $150 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 41.5% Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Longbranch Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,467 Longbranch
    $1,792 Seattle Metro
    $1,328 United States

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

  • 3.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading