Home Values

Moncks Corner 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

$159,100

  • 19.4% 1-year change
  • 5.2% 1-year forecast

The median home value in Moncks Corner is $159,100. Moncks Corner home values have gone up 19.4% over the past year and Zillow predicts they will rise 5.2% within the next year. The median list price per square foot in Moncks Corner is $94, which is lower than the Charleston Metro average of $147. The median price of homes currently listed in Moncks Corner is $206,900 while the median price of homes that sold is $148,975. The median rent price in Moncks Corner is $1,300, which is lower than the Charleston Metro median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Moncks Corner 6.9 homes are foreclosed (per 10,000). This is greater than the Charleston Metro value of 4.6 and also greater than the national value of 4.5

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 Moncks Corner is 7.8%, which is higher 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 Moncks Corner homeowners underwater on their mortgage is 20.2%, which is higher than Charleston Metro at 18.7%.

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Relative ZHVI
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Moncks Corner Market Overview

Data through Oct 31, 2014
  • $159,100 ZHVI
  • 5.2% 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)
  • $206,900 Median listing price
  • $148,975 Median sale price
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Moncks Corner Market Health

Data through Oct 31, 2014
  • 4.7/10 Stable
    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
  • 20.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6.9 homes Moncks Corner
4.6 homes Charleston Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Hanahan $179,700
Huger $176,700
Summerville $165,900
Name Median ZHVI
Bonneau $145,300
Goose Creek $140,100
Cross $124,500
Name Median ZHVI
North Charleston $122,300
Ladson $119,800
Saint Stephen $111,700

Listings & Sales

Data through Oct 31, 2014
  • $94 Median list price / sq ft
  • $92 Median sale price / sq ft
  • 25.9% Listings with price cut
23.0%
Sold below listing
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Moncks Corner Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,225 Moncks Corner
    $1,397 Charleston 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

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,300 Rent list price
  • $0.71 Rent list price / sq ft
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