Phenix City Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Phenix City is $70, which is lower than the Columbus Metro average of $79. The median price of homes currently listed in Phenix City is $129,900 while the median price of homes that sold is $140,000. The median rent price in Phenix City is $875, which is higher than the Columbus Metro median of $850.

Foreclosures will be a factor impacting home values in the next several years. In Phenix City 12.0 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

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 Phenix City is 6.6%, which is lower than the national value of 6.9%. 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 Phenix City homeowners underwater on their mortgage is 26.7%.

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Relative ZHVI
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Phenix City Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $129,900 Median listing price
  • No recent data Median sale price
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Phenix City Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 26.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
West Point $156,000 Columbus $95,000  

Listings & Sales

Data through Aug 31, 2014
  • $70 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.2% Listings with price cut
81.8%
Sold below listing
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Phenix City Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$896 Phenix City
$891 Columbus Metro
$1,328 United States
  • No data Breakeven horizon
  • $875 Rent list price
  • $0.60 Rent list price / sq ft
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