Morrell Park Home Prices & Values

$74,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.9% 1-year change
  • 0.5% 1-year forecast

The median home value in Morrell Park is $74,500. Morrell Park home values have gone up 4.9% over the past year and Zillow predicts they will rise 0.5% within the next year. The median list price per square foot in Morrell Park is $54, which is lower than the Baltimore average of $96. The median price of homes currently listed in Morrell Park is $59,900 while the median price of homes that sold is $100,353. The median rent price in Morrell Park is $1,150, which is lower than the Baltimore median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Morrell Park 28.1 homes are foreclosed (per 10,000). This is greater than the Baltimore value of 14.8 and also greater than the national value of 4.4

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Relative ZHVI
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Morrell Park Market Overview

Data through Jul 31, 2014
  • $74,500 ZHVI
  • 0.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $59,900 Median listing price
  • No recent data Median sale price
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Morrell Park Market Health

Data through Jul 31, 2014
  • 0.4/10 Less healthy What's This?  
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    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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

28.1 homes Morrell Park
14.8 homes Baltimore
4.4 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Union Square $159,700 Violetville $108,900 Saint Josephs $68,600
Lakeland $63,000 Gwynns Falls $61,700  

Listings & Sales

Data through Jul 31, 2014
  • $54 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 45.2% Listings with price cut
45.5%
Sold below listing
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Morrell Park Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,201 Morrell Park
$1,286 Baltimore
$1,318 United States
  • 1.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,150 Rent list price (Jun 30, 2014)
  • $1.25 Rent list price / sq ft (Jun 30, 2014)
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