Home Values

Loudon 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

$116,500

  • 2.0% 1-year change
  • 1.2% 1-year forecast

The median home value in Loudon is $116,500. Loudon home values have gone up 2.0% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Loudon is $146, which is higher than the Knoxville Metro average of $104. The median price of homes currently listed in Loudon is $229,000 while the median price of homes that sold is $231,825. The median rent price in Loudon is $1,600, which is higher than the Knoxville Metro median of $889.

Foreclosures will be a factor impacting home values in the next several years. In Loudon 3.1 homes are foreclosed (per 10,000). This is greater than the Knoxville Metro value of 1.8 and also lower 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 Loudon is 3.4%, 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 Loudon homeowners underwater on their mortgage is 10.2%, which is lower than Knoxville Metro at 14.7%.

Read more
Relative ZHVI
- +

Loudon Market Overview

Data through Aug 31, 2014
  • $116,500 ZHVI
  • 1.2% 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
    (Aug 31, 2015)
  • $229,000 Median listing price
  • $231,825 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

Loudon Market Health

Data through Aug 31, 2014
  • 3.8/10 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
  • 10.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.1 homes Loudon
1.8 homes Knoxville 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
Farragut $305,000
Kingston $143,000
Friendsville $128,800
Name Median ZHVI
Greenback $123,300
Madisonville $121,600
Oak Ridge $118,900
Name Median ZHVI
Sweetwater $105,000
Philadelphia $100,100
Lenoir City $82,100

Listings & Sales

Data through Aug 31, 2014
  • $146 Median list price / sq ft
  • $121 Median sale price / sq ft
  • 33.9% Listings with price cut
27.1%
Sold below listing
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

Loudon Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $956 Loudon
    $1,020 Knoxville 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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,600 Rent list price
  • $0.80 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