Louisa County Home Prices & Values

$177,700 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

  • -3.1% 1-year change
  • -1.0% 1-year forecast

The median home value in Louisa County is $177,700. Louisa County home values have declined -3.1% over the past year and Zillow predicts they will fall -1.0% within the next year. The median list price per square foot in Louisa County is $177, which is higher than the Richmond Metro average of $118. The median price of homes currently listed in Louisa County is $279,900 while the median price of homes that sold is $219,354.

Foreclosures will be a factor impacting home values in the next several years. In Louisa County 4.6 homes are foreclosed (per 10,000). This is greater than the Richmond Metro value of 4.0 and also greater than the national value of 4.4

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 Louisa County is 4.6%, 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 Louisa County homeowners underwater on their mortgage is 23.1%, which is higher than Richmond Metro at 20.3%.

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Relative ZHVI
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Louisa County Market Overview

Data through Jul 31, 2014
  • $177,700 ZHVI
  • -1.0% 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

    (Jul 31, 2015)
  • $279,900 Median listing price
  • $219,354 Median sale price
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Louisa County Market Health

Data through Jul 31, 2014
  • 1.2/10 Less healthy 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
  • 23.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.6 homes Louisa County
4 homes Richmond Metro
4.4 homes United States
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Cities in Louisa County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Mineral $222,800 Bumpass $200,300 Louisa $158,700

Listings & Sales

Data through Jul 31, 2014
  • $177 Median list price / sq ft
  • $166 Median sale price / sq ft
  • 33.5% Listings with price cut
11.2%
Sold below listing
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Louisa County Rentals

Data through Jul 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
$1,332 Louisa County
$1,306 Richmond Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $0.89 Rent list price / sq ft
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