Home Values

Northgate 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

$104,200

  • 7.1% 1-year change
  • 2.7% 1-year forecast

The median home value in Northgate is $104,200. Northgate home values have gone up 7.1% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Northgate is $63, which is lower than the Cincinnati Metro average of $92. The median price of homes currently listed in Northgate is $87,900 while the median price of homes that sold is $105,700. The median rent price in Northgate is $875, which is lower than the Cincinnati Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Northgate 6.0 homes are foreclosed (per 10,000). This is greater than the Cincinnati Metro value of 5.3 and also greater 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 Northgate is 5.3%, 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 Northgate homeowners underwater on their mortgage is 29.8%, which is higher than Cincinnati Metro at 18.7%.

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Relative ZHVI
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Northgate Market Overview

Data through Dec 31, 2014
  • $104,200 ZHVI
  • 2.7% 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)
  • $87,900 Median listing price
  • No recent data Median sale price
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Northgate Market Health

Data through Dec 31, 2014
  • 2.5/10 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
  • 29.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6 homes(Nov 30, 2014) Northgate
5.3 homes Cincinnati Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
White Oak West $167,100
White Oak East $114,700
White Oak $108,500
Name Median ZHVI
Groesbeck $105,700
Pleasant Run $99,600
Mount Healthy $83,800
Name Median ZHVI
Mount Healthy Heights $78,000
North College Hill $68,800
Northbrook $65,200

Listings & Sales

Data through Dec 31, 2014
  • $63 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.6% Listings with price cut
16.7%
Sold below listing
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Northgate Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $972 Northgate
    $1,201 Cincinnati 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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $875 Rent list price (Oct 31, 2014)
  • No data Rent list price / sq ft
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