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

$142,300

  • 6.4% 1-year change
  • 5.5% 1-year forecast

The median home value in Pell City is $142,300. Pell City home values have gone up 6.4% over the past year and Zillow predicts they will rise 5.5% within the next year. The median list price per square foot in Pell City is None. The median rent price in Pell City is $1,000, which is higher than the Birmingham Metro median of $849.

Foreclosures will be a factor impacting home values in the next several years. In Pell City 2.4 homes are foreclosed (per 10,000). This is lower than the national value of 3.0

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 Pell City is 4.0%, 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 Pell City homeowners underwater on their mortgage is 13.8%.

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Relative ZHVI
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Pell City Market Overview

Data through Mar 31, 2015
  • $142,300 ZHVI
  • 5.5% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Pell City Market Health

Data through Mar 31, 2015
  • 8.5/10 Very 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 13.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.4 homes(Feb 28, 2015) Pell City
3 homes United States
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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

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
30.1%
Sold below listing
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Pell City Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,041 Pell City
    $1,062 Birmingham Metro
    $1,362 United States

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

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