Home Values

23231 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

$141,400

  • 5.6% 1-year change
  • 2.9% 1-year forecast

The median home value in 23231 is $141,400. 23231 home values have gone up 5.6% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in 23231 is None. The median rent price in 23231 is $995.

Foreclosures will be a factor impacting home values in the next several years. In 23231 7.9 homes are foreclosed (per 10,000). This is lower than the Montrose value of 16.8 and also greater than the national value of 3.5

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 23231 homeowners underwater on their mortgage is 35.4%, which is higher than Montrose at 31.1%.

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Relative ZHVI
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23231 Market Overview

Data through May 31, 2015
  • $141,400 ZHVI
  • 2.9% 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
    (May 31, 2016)
  • No data Median listing price
  • $176,835 Median sale price
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23231 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 35.4% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

7.9 homes 23231
16.8 homes Montrose
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
23836 $205,000
23219 $200,200
23831 $186,400
Name Median ZHVI
23150 $145,000
23237 $142,700
23234 $128,100
Name Median ZHVI
23223 $110,100
23075 $100,600
23224 $85,200

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $92 Median sale price / sq ft
  • No data Listings with price cut
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23231 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,218 23231
    $985 Montrose
    $1,367 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $995 Rent list price
  • $0.81 Rent list price / sq ft
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