Home Values

35127 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

$117,900

  • -0.6% 1-year change
  • 1.2% 1-year forecast

The median home value in 35127 is $117,900. 35127 home values have declined -0.6% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in 35127 is $67, which is lower than the Pleasant Grove average of $67. The median price of homes currently listed in 35127 is $107,000 while the median price of homes that sold is $111,624.

Foreclosures will be a factor impacting home values in the next several years. In 35127 1.3 homes are foreclosed (per 10,000). This is the same as the Pleasant Grove value of 1.3 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 35127 is 6.7%, 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 35127 homeowners underwater on their mortgage is 28.3%, which is the same as Pleasant Grove at 28.3%.

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Relative ZHVI
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35127 Market Overview

Data through Nov 30, 2014
  • $117,900 ZHVI
  • 1.2% 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)
  • $107,000 Median listing price
  • $111,624 Median sale price (Oct 31, 2014)
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35127 Market Health

Data through Nov 30, 2014
  • 1.5/10 Less 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
  • 28.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
35118 $81,600
35064 $62,100
35208 $52,500
Name Median ZHVI
35228 $51,600
35061 $47,400
35218 $46,900
Name Median ZHVI
35020 $43,400
35224 $43,100
35221 $39,400

Listings & Sales

Data through Nov 30, 2014
  • $67 Median list price / sq ft
  • $71 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
39.8%
Sold below listing
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35127 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,013 35127
    $1,010 Pleasant Grove
    $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

  • 2.9 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 data Rent list price
  • No data Rent list price / sq ft
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