Home Values

27549 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

$113,800

  • -0.3% 1-year change
  • 1.1% 1-year forecast

The median home value in 27549 is $113,800. 27549 home values have declined -0.3% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in 27549 is $96, which is lower than the Raleigh Metro average of $112. The median price of homes currently listed in 27549 is $119,900 while the median price of homes that sold is $123,500.

Foreclosures will be a factor impacting home values in the next several years. In 27549 2.5 homes are foreclosed (per 10,000). This is lower than the Raleigh Metro value of 3.4 and also lower than the national value of 4.0

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 27549 is 7.4%, which is higher than the national value of 6.4%. 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 27549 homeowners underwater on their mortgage is 18.4%, which is higher than Raleigh Metro at 11.6%.

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Relative ZHVI
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27549 Market Overview

Data through Dec 31, 2014
  • $113,800 ZHVI
  • 1.1% 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
    (Dec 31, 2015)
  • $119,900 Median listing price
  • $123,500 Median sale price (Nov 30, 2014)
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27549 Market Health

Data through Dec 31, 2014
  • 1.4/10 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
  • 18.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.5 homes 27549
3.4 homes Raleigh Metro
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
27571 $244,300
27596 $170,300
27597 $138,400
Name Median ZHVI
27856 $130,900
27544 $127,600
27525 $126,400
Name Median ZHVI
27816 $123,300
27882 $117,200
27508 $93,300

Listings & Sales

Data through Dec 31, 2014
  • $96 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.3% Listings with price cut
25.5%
Sold below listing
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27549 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $935 27549
    $1,338 Raleigh Metro
    $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

  • 1.5 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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