Home Values

Meadowbrook 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

$268,200

  • 6.9% 1-year change
  • 3.1% 1-year forecast

The median home value in Meadowbrook is $268,200. Meadowbrook home values have gone up 6.9% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in Meadowbrook is $175, which is higher than the Birmingham Metro average of $96. The median price of homes currently listed in Meadowbrook is $243,900 while the median price of homes that sold is $315,000. The median rent price in Meadowbrook is $1,100, which is higher than the Birmingham Metro median of $850.

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

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Relative ZHVI
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Meadowbrook Market Overview

Data through Oct 31, 2014
  • $268,200 ZHVI
  • 3.1% 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)
  • $243,900 Median listing price
  • No recent data Median sale price
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Meadowbrook Market Health

Data through Oct 31, 2014
  • 6.5/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

2.8 homes(Sep 30, 2014) Meadowbrook
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Mountain Brook $518,600
Lake Purdy $370,600
Indian Springs Village $305,700
Name Median ZHVI
Vestavia Hills $292,500
Homewood $264,700
Hoover $244,600
Name Median ZHVI
Chelsea $205,200
Pelham $167,100
Irondale $118,100

Listings & Sales

Data through Oct 31, 2014
  • $175 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 41.3% Listings with price cut
22.2%
Sold below listing
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Meadowbrook Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,653 Meadowbrook
    $1,045 Birmingham Metro
    $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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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