Home Values

Medulla 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

$167,600

  • 4.8% 1-year change
  • 3.0% 1-year forecast

The median home value in Medulla is $167,600. Medulla home values have gone up 4.8% over the past year and Zillow predicts they will rise 3.0% within the next year.

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 Medulla is 7.7%, which is higher 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 Medulla homeowners underwater on their mortgage is 20.6%, which is lower than Lakeland Metro at 23.9%.

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Relative ZHVI
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Medulla Market Overview

Data through Jun 30, 2015
  • $167,600 ZHVI
  • 3.0% 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
    (Jun 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Medulla Market Health

Data through Jun 30, 2015
  • 3.0/10 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
  • 20.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Lakeland Highlands $189,900
Plant City $128,600
Mulberry $115,900
Name Median ZHVI
Lakeland $102,400
Highland City $84,600
Bartow $80,800
Name Median ZHVI
Combee Settlement $56,800
Winston $53,100
Crystal Lake $53,000

Listings & Sales

  • No data
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Medulla Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,291 Medulla
    $1,145 Lakeland Metro
    $1,369 United States

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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • $0.80 Rent list price / sq ft
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