Home Values

Munster 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

$208,900

  • 1.7% 1-year change
  • 3.1% 1-year forecast

The median home value in Munster is $208,900. Munster home values have gone up 1.7% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in Munster is None. The median rent price in Munster is $1,525, which is lower than the Chicago Metro median of $1,600.

Foreclosures will be a factor impacting home values in the next several years. In Munster 5.1 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

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 Munster is 3.5%, which is lower than the national value of 6.0%. 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 Munster homeowners underwater on their mortgage is 11.2%, which is lower than Chicago Metro at 23.7%.

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Relative ZHVI
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Munster Market Overview

Data through May 31, 2015
  • $208,900 ZHVI
  • 3.1% 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
  • No recent data Median sale price
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Munster Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 11.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5.1 homes(Apr 30, 2015) Munster
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Dyer $198,100
Schererville $196,400
Highland $142,500
Name Median ZHVI
Lynwood $130,900
Griffith $128,500
Lansing $94,800
Name Median ZHVI
Hammond $77,400
Calumet City $68,400
Sauk Village $54,800

Listings & Sales

  • No data
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Munster Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,606 Munster
    $1,620 Chicago Metro
    $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

  • No data Breakeven horizon
  • $1,525 Rent list price (Apr 30, 2015)
  • $1.16 Rent list price / sq ft (Apr 30, 2015)
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