Home Values

Pell City 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

$140,300

  • 3.7% 1-year change
  • 4.8% 1-year forecast

The median home value in Pell City is $140,300. Pell City home values have gone up 3.7% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in Pell City is None. The median rent price in Pell City is $1,100, which is higher than the Birmingham Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Pell City 3.0 homes are foreclosed (per 10,000). This is lower than the national value of 3.5

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 Pell City is 3.6%, which is lower 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 Pell City homeowners underwater on their mortgage is 12.2%.

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Relative ZHVI
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Pell City Market Overview

Data through May 31, 2015
  • $140,300 ZHVI
  • 4.8% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Pell City Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 12.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Trussville $202,400
Riverside $172,600
Springville $169,000
Name Median ZHVI
Argo $161,700
Moody $130,700
Clay $127,500
Name Median ZHVI
Ashville $124,200
Leeds $116,300
Ragland $92,400

Listings & Sales

  • No data
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Pell City Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,056 Pell City
    $1,065 Birmingham Metro
    $1,367 United States

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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,100 Rent list price
  • $0.62 Rent list price / sq ft
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