Home Values

Ramah 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Ramah is $249,000.

Foreclosures will be a factor impacting home values in the next several years. In Ramah 699.3 homes are foreclosed (per 10,000). This is greater than the Colorado Springs Metro value of 4.6 and also greater than the national value of 4.3

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 Ramah is 0.0%, which is lower than the national value of 6.9%. 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 Ramah homeowners underwater on their mortgage is 21.7%, which is higher than Colorado Springs Metro at 17.7%.

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Relative ZHVI
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Ramah Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $249,000 Median listing price
  • No data Median sale price
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Ramah Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 21.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

699.3 homes(Jan 31, 2014) Ramah
4.6 homes Colorado Springs Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Black Forest $407,300
Elizabeth $327,700
Elbert $307,400
Name Median ZHVI
Kiowa $256,400
Peyton $251,700
Calhan $175,100
Name Median ZHVI
Cimarron Hills $167,800
 
 

Listings & Sales

Data through Aug 31, 2014
  • $125 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 46.2% Listings with price cut
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Ramah Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,286 Colorado Springs Metro
    $1,328 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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