Home Values

27040 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

$152,500

  • -0.5% 1-year change
  • 3.1% 1-year forecast

The median home value in 27040 is $152,500. 27040 home values have declined -0.5% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in 27040 is None. The median rent price in 27040 is $1,325, which is higher than the Winston-Salem Metro median of $845.

Foreclosures will be a factor impacting home values in the next several years. In 27040 2.9 homes are foreclosed (per 10,000). This is lower than the Winston-Salem Metro value of 5.0 and also lower than the national value of 3.9

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 27040 homeowners underwater on their mortgage is 12.7%, which is lower than Winston-Salem Metro at 17.6%.

Read more
Relative ZHVI
- +

27040 Market Overview

Data through Apr 30, 2015
  • $152,500 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
    (Apr 30, 2016)
  • No data Median listing price
  • $155,000 Median sale price (Mar 31, 2015)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

27040 Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 12.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.9 homes 27040
5 homes Winston-Salem Metro
3.9 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
27023 $180,200
27104 $179,600
27106 $153,500
Name Median ZHVI
27103 $128,000
27045 $117,300
27050 $115,300
Name Median ZHVI
27105 $73,600
 
 

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $87 Median sale price / sq ft
  • No data Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

27040 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,200 27040
    $1,065 Winston-Salem Metro
    $1,364 United States

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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,325 Rent list price (Mar 31, 2015)
  • $0.67 Rent list price / sq ft (Mar 31, 2015)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading