Home Values

Panacea 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

$224,100

  • -1.8% 1-year change
  • 1.2% 1-year forecast

The median home value in Panacea is $224,100. Panacea home values have declined -1.8% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Panacea is None.

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 Panacea is 5.3%, which is lower than the national value of 6.3%. 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 Panacea homeowners underwater on their mortgage is 20.2%, which is lower than Tallahassee Metro at 26.4%.

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Relative ZHVI
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Panacea Market Overview

Data through Apr 30, 2015
  • $224,100 ZHVI
  • 1.2% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Panacea Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 20.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Eastpoint $335,300
Tallahassee $149,700
Crawfordville $130,300
Name Median ZHVI
Carrabelle $127,000
Sopchoppy $124,800
Quincy $70,200

Listings & Sales

  • No data
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Panacea Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,477 Panacea
    $1,190 Tallahassee Metro
    $1,364 United States

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

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