Home Values

29108 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

$69,200

  • 17.5% 1-year change
  • None 1-year forecast

The median home value in 29108 is $69,200. 29108 home values have gone up 17.5% over the past year. The median list price per square foot in 29108 is $58, which is the same as the Newberry average of $58. The median price of homes currently listed in 29108 is $104,000 while the median price of homes that sold is $155,000. The median rent price in 29108 is $427, which is the same as the Newberry median of $427.

Foreclosures will be a factor impacting home values in the next several years. In 29108 0.8 homes are foreclosed (per 10,000). This is the same as the Newberry value of 0.8 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 29108 is 4.0%, 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 29108 homeowners underwater on their mortgage is 17.5%, which is the same as Newberry at 17.5%.

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Relative ZHVI
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29108 Market Overview

Data through Dec 31, 2014
  • $69,200 ZHVI
  • No data 1-yr forecast
  • $104,000 Median listing price
  • No recent data Median sale price
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29108 Market Health

Data through Dec 31, 2014
  • 7.1/10 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
  • 17.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
29036 $208,100
29075 $164,100
29127 $162,600

Listings & Sales

Data through Dec 31, 2014
  • $58 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.6% Listings with price cut
9.7%
Sold below listing
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29108 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,006 Newberry
    $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
  • No recent data Rent list price
  • No data Rent list price / sq ft
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