Home Values

20817 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

$827,300

  • -1.3% 1-year change
  • -1.1% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool
Buyers' Market
Sellers' Market

The median home value in 20817 is $827,300. 20817 home values have declined -1.3% over the past year and Zillow predicts they will fall -1.1% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 20817 0.4 homes are foreclosed (per 10,000). This is lower than the North Bethesda value of 2.2 and also lower than the national value of 3.8

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 20817 homeowners underwater on their mortgage is 5.9%, which is lower than North Bethesda at 13.1%.

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Relative ZHVI
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20817 Market Overview

Data through Jun 30, 2015
  • $827,300 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
    (Jun 30, 2016)
  • No data Median listing price
  • $847,750 Median sale price (May 31, 2015)
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20817 Market Health

Data through Jun 30, 2015
  • 7.5/10 Very 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
  • 5.9% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

0 20817
2 North Bethesda
4 United States
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Nearby Zip Codes

Name Median ZHVI
22101 $920,500
20816 $845,900
20818 $826,900
Name Median ZHVI
20814 $642,900
20852 $388,600
 

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $400 Median sale price / sq ft
  • No data Listings with price cut
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20817 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $3,518 20817
    $2,211 North Bethesda
    $1,369 United States

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

  • 7.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • $1.75 Rent list price / sq ft
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