Home Values

28570 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

$160,300

  • 3.2% 1-year change
  • None 1-year forecast

The median home value in 28570 is $160,300. 28570 home values have gone up 3.2% over the past year. The median list price per square foot in 28570 is None. The median rent price in 28570 is $955, 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 28570 2.2 homes are foreclosed (per 10,000). This is lower than the national value of 3.0

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 28570 homeowners underwater on their mortgage is 15.4%.

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Relative ZHVI
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28570 Market Overview

Data through Mar 31, 2015
  • $160,300 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $197,588 Median sale price (Jan 31, 2015)
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28570 Market Health

Data through Mar 31, 2015
  • 4.2/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 15.4% 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)

2.2 homes 28570
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
28594 $250,900
28512 $240,300
28531 $209,400
Name Median ZHVI
28584 $201,100
28582 $196,500
28557 $194,800
Name Median ZHVI
28516 $188,000
 
 

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • $105 Median sale price / sq ft (Jan 31, 2015)
  • No data Listings with price cut
8.2%
Sold below listing
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28570 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,034 28570
    $1,023 New Bern Metro
    $1,362 United States

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

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $955 Rent list price
  • No data Rent list price / sq ft
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