Mecklenburg County 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

None

  • None 1-year change
  • None 1-year forecast

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 Mecklenburg County is 3.0%, which is lower than the national value of 6.0%. 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 Mecklenburg County homeowners underwater on their mortgage is 12.1%, which is lower than Virginia at 16.7%.

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Relative ZHVI
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Mecklenburg County Market Overview

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Mecklenburg County Market Health

Data through Jul 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 12.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 Virginia
4 United States
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Nearby Counties

Name Median ZHVI
Durham County $158,900
Granville County $133,100
Person County $122,600
Name Median ZHVI
Franklin County $120,900
Greensville County $110,800
 

Listings & Sales

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Mecklenburg County Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,216 Mecklenburg County
    $1,504 Virginia
    $1,376 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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