Home Values

Monroe County 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 price of homes currently listed in Monroe County is $85,900.

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 Monroe County is 4.2%, which is lower 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 Monroe County homeowners underwater on their mortgage is 11.8%, which is lower than Alabama at 19.2%.

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Relative ZHVI
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Monroe County Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $85,900 Median listing price
  • No data Median sale price
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Monroe County Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.9 homes Alabama
4.2 homes United States
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Nearby Counties

Name Median ZHVI
Baldwin County $184,400
Okaloosa County $177,700
Santa Rosa County $163,300
Name Median ZHVI
Escambia County $118,200
Mobile County $99,100
 

Listings & Sales

  • No data
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Monroe County Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $899 Monroe County
    $981 Alabama
    $1,342 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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