Home Values

20115 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

$368,500

  • 2.8% 1-year change
  • -0.7% 1-year forecast

The median home value in 20115 is $368,500. 20115 home values have gone up 2.8% over the past year and Zillow predicts they will fall -0.7% within the next year. The median list price per square foot in 20115 is $207, which is lower than the Marshall average of $207. The median price of homes currently listed in 20115 is $450,000 while the median price of homes that sold is $256,000. The median rent price in 20115 is $1,600, which is the same as the Marshall median of $1,600.

Foreclosures will be a factor impacting home values in the next several years. In 20115 2.8 homes are foreclosed (per 10,000). This is greater than the Marshall value of 2.4 and also lower than the national value of 4.5

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 20115 is 1.0%, 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 20115 homeowners underwater on their mortgage is 12.5%, which is the same as Marshall at 12.5%.

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Relative ZHVI
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20115 Market Overview

Data through Oct 31, 2014
  • $368,500 ZHVI
  • -0.7% 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
    (Oct 31, 2015)
  • $450,000 Median listing price
  • No recent data Median sale price
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20115 Market Health

Data through Oct 31, 2014
  • 4.3/10 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.
  • No data Average days on Zillow
  • 12.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.8 homes 20115
2.4 homes Marshall
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
20137 $434,300
20198 $433,300
20187 $394,600
Name Median ZHVI
22724 $377,800
20106 $340,700
20186 $325,300
Name Median ZHVI
22642 $180,500
 
 

Listings & Sales

Data through Oct 31, 2014
  • $207 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 40.5% Listings with price cut
16.7%
Sold below listing
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20115 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,779 20115
    $1,644 Marshall
    $1,337 United States

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

  • 4.1 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
  • No data Rent list price / sq ft
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