Home Values

Morgandale 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

$105,600

  • -0.4% 1-year change
  • -1.6% 1-year forecast

The median home value in Morgandale is $105,600. Morgandale home values have declined -0.4% over the past year and Zillow predicts they will fall -1.6% within the next year. The median list price per square foot in Morgandale is $90, which is higher than the Milwaukee average of $81. The median price of homes currently listed in Morgandale is $109,900 while the median price of homes that sold is $101,000.

Foreclosures will be a factor impacting home values in the next several years. In Morgandale 5.5 homes are foreclosed (per 10,000). This is lower than the Milwaukee value of 6.7 and also greater than the national value of 4.0

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Relative ZHVI
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Morgandale Market Overview

Data through Dec 31, 2014
  • $105,600 ZHVI
  • -1.6% 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
    (Dec 31, 2015)
  • $109,900 Median listing price
  • No recent data Median sale price
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Morgandale Market Health

Data through Dec 31, 2014
  • 1.2/10 Less 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

5.5 homes(Nov 30, 2014) Morgandale
6.7 homes Milwaukee
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Castle Manor $128,800
Town of Lake $122,500
Saveland Park $119,600
Name Median ZHVI
Wilson Park $119,500
Mitchell West $107,400
Southpoint $100,500
Name Median ZHVI
Southgate $99,700
Polonia $86,200
Lincoln Village $54,400

Listings & Sales

Data through Dec 31, 2014
  • $90 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.3% Listings with price cut
64.3%
Sold below listing
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Morgandale Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,056 Morgandale
    $1,056 Milwaukee
    $1,345 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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