Home Values

28562 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in 28562 is $98, which is lower than the New Bern Metro average of $102. The median price of homes currently listed in 28562 is $189,000 while the median price of homes that sold is $165,000. The median rent price in 28562 is $1,000, which is higher than the New Bern Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In 28562 0.5 homes are foreclosed (per 10,000). This is 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 28562 is 2.4%, which is lower 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 28562 homeowners underwater on their mortgage is 20.9%.

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Relative ZHVI
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28562 Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $189,000 Median listing price
  • $165,000 Median sale price (Nov 30, 2014)
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28562 Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 20.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
28584 $207,100
28582 $199,100
28555 $117,700

Listings & Sales

Data through Dec 31, 2014
  • $98 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.9% Listings with price cut
36.6%
Sold below listing
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28562 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,192 28562
    $1,026 New Bern 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

  • No data Breakeven horizon
  • $1,000 Rent list price
  • $0.69 Rent list price / sq ft
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