Home Values

27559 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

$210,000

  • -4.8% 1-year change
  • 1.8% 1-year forecast

The median home value in 27559 is $210,000. 27559 home values have declined -4.8% over the past year and Zillow predicts they will rise 1.8% within the next year. The median price of homes currently listed in 27559 is $179,000.

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 27559 is 0.0%, 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 27559 homeowners underwater on their mortgage is 6.8%, which is the same as Moncure at 6.8%.

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Relative ZHVI
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27559 Market Overview

Data through Sep 30, 2014
  • $210,000 ZHVI
  • 1.8% 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
    (Sep 30, 2015)
  • No recent data Median listing price
  • No data Median sale price
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27559 Market Health

Data through Sep 30, 2014
  • 6.7/10 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
  • 6.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
27517 $361,500
27519 $352,500
27523 $308,400
Name Median ZHVI
27502 $254,900
27312 $234,500
27540 $227,700
Name Median ZHVI
27332 $145,400
27505 $139,700
27330 $124,400

Listings & Sales

  • No data
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27559 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,244 27559
    $1,212 Moncure
    $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

  • 2.5 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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