Home Values

Margate Park 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

$111,000

  • -8.4% 1-year change
  • -0.9% 1-year forecast

The median home value in Margate Park is $111,000. Margate Park home values have declined -8.4% over the past year and Zillow predicts they will fall -0.9% within the next year. The median rent price in Margate Park is $1,175, which is lower than the Chicago median of $1,610.

Foreclosures will be a factor impacting home values in the next several years. In Margate Park 2.4 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

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Relative ZHVI
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Margate Park Market Overview

Data through Apr 30, 2015
  • $111,000 ZHVI
  • -0.9% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $142,308 Median sale price (Feb 28, 2015)
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Margate Park Market Health

Data through Apr 30, 2015
  • 0.3/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.4 homes(Mar 31, 2015) Margate Park
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Edgewater Glen $504,500
Graceland West $417,500
Andersonville $278,200
Name Median ZHVI
Sheridan Park $240,900
Edgewater $222,600
Magnolia Glen $210,800
Name Median ZHVI
Uptown $204,000
Buena Park $174,600
Edgewater Beach $138,200

Listings & Sales

  • No data
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Margate Park Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,411 Margate Park
    $1,558 Chicago
    $1,364 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,175 Rent list price
  • No data Rent list price / sq ft
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