Home Values

Pendleton 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

$154,000

  • 4.5% 1-year change
  • None 1-year forecast

The median home value in Pendleton is $154,000. Pendleton home values have gone up 4.5% over the past year. The median list price per square foot in Pendleton is $93, which is lower than the Pendleton Metro average of $100. The median price of homes currently listed in Pendleton is $169,900 while the median price of homes that sold is $147,225. The median rent price in Pendleton is $600, which is lower than the Pendleton Metro median of $605.

Foreclosures will be a factor impacting home values in the next several years. In Pendleton 1.1 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Pendleton is 5.0%, which is lower than the national value of 6.4%. 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 Pendleton homeowners underwater on their mortgage is 7.9%.

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Relative ZHVI
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Pendleton Market Overview

Data through Dec 31, 2014
  • $154,000 ZHVI
  • No data 1-yr forecast
  • $169,900 Median listing price
  • $147,225 Median sale price
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Pendleton Market Health

Data through Dec 31, 2014
  • 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.
  • No data Average days on Zillow
  • 7.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Burbank $214,200
Kennewick $197,000
College Place $188,600
Name Median ZHVI
Hermiston $159,900
Milton Freewater $151,500
Weston $143,700
Name Median ZHVI
Stanfield $124,800
Umatilla $122,600
Pilot Rock $108,500

Listings & Sales

Data through Dec 31, 2014
  • $93 Median list price / sq ft
  • $108 Median sale price / sq ft
  • 10.6% Listings with price cut
10.9%
Sold below listing
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Pendleton Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,138 Pendleton
    $1,121 Pendleton Metro
    $1,345 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $600 Rent list price
  • No data Rent list price / sq ft
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