Home Values

23703 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

$179,800

  • 2.6% 1-year change
  • 2.0% 1-year forecast

The median home value in 23703 is $179,800. 23703 home values have gone up 2.6% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in 23703 is None. The median rent price in 23703 is $1,195, which is higher than the Portsmouth median of $1,050.

Foreclosures will be a factor impacting home values in the next several years. In 23703 0.8 homes are foreclosed (per 10,000). This is greater than the Portsmouth value of 0.2 and also lower than the national value of 3.0

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 23703 homeowners underwater on their mortgage is 36.0%, which is lower than Portsmouth at 37.6%.

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Relative ZHVI
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23703 Market Overview

Data through Mar 31, 2015
  • $179,800 ZHVI
  • 2.0% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $179,231 Median sale price (Feb 28, 2015)
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23703 Market Health

Data through Mar 31, 2015
  • 6.6/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 36.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
23707 $138,700
23701 $136,700
23704 $116,500

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $108 Median sale price / sq ft (Feb 28, 2015)
  • No data Listings with price cut
46.0%
Sold below listing
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23703 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,374 23703
    $1,191 Portsmouth
    $1,362 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)
  • $1,195 Rent list price
  • $0.87 Rent list price / sq ft
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