Palm River-Clair Mel 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

$86,900

  • 10.7% 1-year change
  • 3.6% 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 city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Hot
Buyers' Market
Sellers' Market

The median home value in Palm River-Clair Mel is $86,900. Palm River-Clair Mel home values have gone up 10.7% over the past year and Zillow predicts they will rise 3.6% within the next year.

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 Palm River-Clair Mel is 12.9%, which is higher than the national value of 6.0%. 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 Palm River-Clair Mel homeowners underwater on their mortgage is 38.1%, which is higher than Tampa Metro at 19.2%.

Read more
Relative ZHVI
- +

Palm River-Clair Mel Market Overview

Data through Jul 31, 2015
  • $86,900 ZHVI
  • 3.6% 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
    (Jul 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Palm River-Clair Mel Market Health

Data through Jul 31, 2015
  • 6.4/10 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
  • 38.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 12.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Valrico $192,900
Riverview $160,000
Brandon $145,600
Name Median ZHVI
Seffner $136,500
Gibsonton $136,000
Temple Terrace $134,700
Name Median ZHVI
Tampa $131,100
East Lake-Orient Park $64,500
University $49,400

Listings & Sales

  • No data
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Palm River-Clair Mel Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,106 Palm River-Clair Mel
    $1,295 Tampa Metro
    $1,376 United States

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

  • 0.8 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
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading