Home Values

Mineral City 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

$98,800

  • 13.4% 1-year change
  • None 1-year forecast

The median home value in Mineral City is $98,800. Mineral City home values have gone up 13.4% over the past year. The median price of homes currently listed in Mineral City is $139,900.

Foreclosures will be a factor impacting home values in the next several years. In Mineral City 10.9 homes are foreclosed (per 10,000). This is 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 Mineral City is 3.2%, 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 Mineral City homeowners underwater on their mortgage is 11.7%.

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Relative ZHVI
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Mineral City Market Overview

Data through Sep 30, 2014
  • $98,800 ZHVI
  • No data 1-yr forecast
  • $139,900 Median listing price
  • No data Median sale price
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Mineral City Market Health

Data through Sep 30, 2014
  • 8.0/10 Very 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
  • 11.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Dover $114,600
Magnolia $113,900
New Philadelphia $100,600
Name Median ZHVI
East Sparta $99,700
East Canton $95,500
Waynesburg $83,900
Name Median ZHVI
Dennison $64,800
 
 

Listings & Sales

Data through Sep 30, 2014
  • $98 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 43.5% Listings with price cut
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Mineral City Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $959 Mineral City
    $987 New Philadelphia Metro
    $1,335 United States

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

  • 1.3 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 data Rent list price
  • No data Rent list price / sq ft
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