Home Values

Rapidan 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

$194,500

  • 22.9% 1-year change
  • None 1-year forecast

The median home value in Rapidan is $194,500. Rapidan home values have gone up 22.9% over the past year. The median price of homes currently listed in Rapidan is $239,900.

Foreclosures will be a factor impacting home values in the next several years. In Rapidan 53.4 homes are foreclosed (per 10,000). This is greater than the national value of 4.5

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 Rapidan 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 Rapidan homeowners underwater on their mortgage is 14.2%.

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Relative ZHVI
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Rapidan Market Overview

Data through Oct 31, 2014
  • $194,500 ZHVI
  • No data 1-yr forecast
  • $239,900 Median listing price
  • No data Median sale price
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Rapidan Market Health

Data through Oct 31, 2014
  • 8.6/10 Very 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
  • 14.2% 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)

53.4 homes(Aug 31, 2014) Rapidan
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Boston $257,800
Rixeyville $246,900
Reva $222,100
Name Median ZHVI
Culpeper $221,500
Rhoadesville $169,100
Unionville $166,800
Name Median ZHVI
Orange $148,500
 
 

Listings & Sales

Data through Oct 31, 2014
  • $145 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.3% Listings with price cut
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Rapidan Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,193 Rapidan
    $1,367 Culpeper Metro
    $1,337 United States

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

  • 2.6 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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