Home Values

75150 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

The median list price per square foot in 75150 is $71, which is lower than the Mesquite average of $74. The median price of homes currently listed in 75150 is $109,900 while the median price of homes that sold is $119,826. The median rent price in 75150 is $1,000, which is lower than the Mesquite median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In 75150 7.1 homes are foreclosed (per 10,000). This is greater than the Mesquite value of 6.7 and also greater than the national value of 4.0

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 75150 is 6.5%, which is higher than the national value of 6.4%. 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 75150 homeowners underwater on their mortgage is 11.9%, which is lower than Mesquite at 13.4%.

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Relative ZHVI
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75150 Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $109,900 Median listing price
  • $119,826 Median sale price (Nov 30, 2014)
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75150 Market Health

Data through Dec 31, 2014
  • 3.9/10 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
  • 11.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

7.1 homes 75150
6.7 homes Mesquite
4 homes United States
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,900
New York Metro $385,400
Washington Metro $366,000
Name Median ZHVI
Miami-Fort Lauderdale Metro $211,900
Philadelphia Metro $204,300
Chicago Metro $189,500
Name Median ZHVI
Atlanta Metro $155,000
Dallas-Fort Worth Metro $152,600
Houston Metro $152,600

Listings & Sales

Data through Dec 31, 2014
  • $71 Median list price / sq ft
  • $73 Median sale price / sq ft (Nov 30, 2014)
  • 11.4% Listings with price cut
28.1%
Sold below listing
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75150 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,227 75150
    $1,237 Mesquite
    $1,345 United States

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

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,000 Rent list price
  • $0.91 Rent list price / sq ft
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