Home Values

Point of Rocks 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

$299,600

  • 1.6% 1-year change
  • 0.2% 1-year forecast

The median home value in Point of Rocks is $299,600. Point of Rocks home values have gone up 1.6% over the past year and Zillow predicts they will rise 0.2% within the next year. The median list price per square foot in Point of Rocks is None.

Foreclosures will be a factor impacting home values in the next several years. In Point of Rocks 10.8 homes are foreclosed (per 10,000). This is greater than the Washington Metro value of 3.8 and also greater than the national value of 3.9

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 Point of Rocks is 2.9%, 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 Point of Rocks homeowners underwater on their mortgage is 17.3%, which is lower than Washington Metro at 18.2%.

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Relative ZHVI
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Point of Rocks Market Overview

Data through Apr 30, 2015
  • $299,600 ZHVI
  • 0.2% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Point of Rocks Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 17.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 2.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

10.8 homes(Feb 28, 2015) Point of Rocks
3.8 homes Washington Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Waterford $650,700
Leesburg $451,600
Lovettsville $424,600
Name Median ZHVI
Adamstown $405,200
Dickerson $357,700
Jefferson $312,100
Name Median ZHVI
Frederick $239,900
 
 

Listings & Sales

  • No data
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Point of Rocks Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,796 Point of Rocks
    $2,107 Washington Metro
    $1,364 United States

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

  • 3.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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