Overtown Home Prices & Values

$140,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 23.9% 1-year change
  • 7.4% 1-year forecast

Market Temperature: Very HotWhat's This?
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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 neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Overtown is $140,800. Overtown home values have gone up 23.9% over the past year and Zillow predicts they will rise 7.4% within the next year. The median list price per square foot in Overtown is $116, which is lower than the Miami average of $371. The median price of homes currently listed in Overtown is $149,000 while the median price of homes that sold is $195,000. The median rent price in Overtown is $1,300, which is lower than the Miami median of $2,200.

Relative ZHVI
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Overtown Market Overview

Data through Feb 28, 2014
  • $140,800 ZHVI
  • 7.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $149,000 Median listing price
  • No recent data Median sale price
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Overtown Market Health

Data through Feb 28, 2014
  • 9.4/10 Very healthy What's This?  
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    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 of days on Zillow
  • No data Homes with negative equity (19.4% US Avg)
  • No data Delinquent on mortgage (8.0% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Downtown Miami $407,300 Brickell $405,000 Wynwood - Edgewater $316,900
Shenandoah $296,000 Little Havana $121,400 Allapattah $94,000
Liberty City $69,100    

Listings & Sales

Data through Feb 28, 2014
  • $116 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.9% Listings with price cut
56.2%
Sold below listing
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Overtown Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,520 Overtown
$1,922 Miami
$1,310 United States
  • No recent data Breakeven horizon
  • $1,300 Rent list price
  • $1.55 Rent list price / sq ft
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