Home Values

Manteo 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

$261,000

  • 2.2% 1-year change
  • None 1-year forecast

The median home value in Manteo is $261,000. Manteo home values have gone up 2.2% over the past year. The median list price per square foot in Manteo is $201, which is higher than the Kill Devil Hills Metro average of $194. The median price of homes currently listed in Manteo is $339,900 while the median price of homes that sold is $295,000.

Foreclosures will be a factor impacting home values in the next several years. In Manteo 10.0 homes are foreclosed (per 10,000). This is 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 Manteo is 4.9%, 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 Manteo homeowners underwater on their mortgage is 11.9%.

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Relative ZHVI
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Manteo Market Overview

Data through Aug 31, 2014
  • $261,000 ZHVI
  • No data 1-yr forecast
  • $339,900 Median listing price
  • No recent data Median sale price
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Manteo Market Health

Data through Aug 31, 2014
  • 5.2/10 Stable
    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
  • 11.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,600
New York Metro $378,200
Washington Metro $358,000
Name Median ZHVI
Miami-Fort Lauderdale Metro $203,800
Philadelphia Metro $199,100
Chicago Metro $185,800
Name Median ZHVI
Atlanta Metro $150,700
Houston Metro $150,000
Dallas-Fort Worth Metro $147,000

Listings & Sales

Data through Aug 31, 2014
  • $201 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.3% Listings with price cut
30.4%
Sold below listing
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Manteo Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,343 Manteo
    $1,333 Kill Devil Hills 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

  • 3.7 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
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