Pontiac 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

$58,200

  • 9.0% 1-year change
  • 3.6% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot
Buyers' Market
Sellers' Market

The median home value in Pontiac is $58,200. Pontiac home values have gone up 9.0% over the past year and Zillow predicts they will rise 3.6% within the next year. The median rent price in Pontiac is $795, which is lower than the Detroit Metro median of $950.

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 Pontiac homeowners underwater on their mortgage is 48.9%, which is higher than Detroit Metro at 19.4%.

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Relative ZHVI
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Pontiac Market Overview

Data through Jul 31, 2015
  • $58,200 ZHVI
  • 3.6% 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
    (Jul 31, 2016)
  • No data Median listing price
  • $42,923 Median sale price
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Pontiac Market Health

Data through Jul 31, 2015
  • 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
  • 48.9% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Cities

Name Median ZHVI
Orchard Lake $551,300
Bloomfield Hills $392,400
Birmingham $379,700
Name Median ZHVI
West Bloomfield $258,500
Orion $204,800
Sylvan Lake $171,500
Name Median ZHVI
Auburn Hills $124,700
Waterford $123,400
Keego Harbor $107,900

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $37 Median sale price / sq ft
  • No data Listings with price cut
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Pontiac Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $832 Pontiac
    $1,122 Detroit Metro
    $1,376 United States

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

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $795 Rent list price
  • $0.74 Rent list price / sq ft
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