Home Values

Piedmont 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

$121,500

  • 5.5% 1-year change
  • 2.4% 1-year forecast

The median home value in Piedmont is $121,500. Piedmont home values have gone up 5.5% over the past year and Zillow predicts they will rise 2.4% within the next year. The median list price per square foot in Piedmont is $87, which is lower than the Greenville Metro average of $94. The median price of homes currently listed in Piedmont is $180,777 while the median price of homes that sold is $129,515. The median rent price in Piedmont is $925, which is lower than the Greenville Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Piedmont 3.0 homes are foreclosed (per 10,000). This is lower than the Greenville Metro value of 4.4 and also lower than the national value of 4.2

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 Piedmont is 7.3%, which is higher 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 Piedmont homeowners underwater on their mortgage is 13.7%, which is higher than Greenville Metro at 11.4%.

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Relative ZHVI
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Piedmont Market Overview

Data through Nov 30, 2014
  • $121,500 ZHVI
  • 2.4% 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
    (Nov 30, 2015)
  • $180,777 Median listing price
  • $129,515 Median sale price
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Piedmont Market Health

Data through Nov 30, 2014
  • 4.6/10 Stable
    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
  • 13.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3 homes Piedmont
4.4 homes Greenville Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Simpsonville $181,400
Mauldin $139,300
Easley $132,000
Name Median ZHVI
Greenville $131,500
Fountain Inn $128,600
Liberty $100,300
Name Median ZHVI
Williamston $94,400
Honea Path $85,600
Belton $82,300

Listings & Sales

Data through Nov 30, 2014
  • $87 Median list price / sq ft
  • $75 Median sale price / sq ft
  • No data Listings with price cut
17.2%
Sold below listing
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Piedmont Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,067 Piedmont
    $1,201 Greenville Metro
    $1,342 United States

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

  • 1.5 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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