Home Values

Redfield 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

$97,300

  • -6.4% 1-year change
  • 2.3% 1-year forecast

The median home value in Redfield is $97,300. Redfield home values have declined -6.4% over the past year and Zillow predicts they will rise 2.3% within the next year. The median price of homes currently listed in Redfield is $107,900.

Foreclosures will be a factor impacting home values in the next several years. In Redfield 31.4 homes are foreclosed (per 10,000). This is greater than the Des Moines Metro value of 5.5 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 Redfield is 3.8%, 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 Redfield homeowners underwater on their mortgage is 16.1%, which is higher than Des Moines Metro at 13.4%.

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Relative ZHVI
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Redfield Market Overview

Data through Feb 28, 2015
  • $97,300 ZHVI
  • 2.3% 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
    (Feb 29, 2016)
  • No recent data Median listing price
  • No data Median sale price
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Redfield Market Health

Data through Feb 28, 2015
  • 3.3/10 Less 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
  • 16.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

31.4 homes(Jan 31, 2015) Redfield
5.5 homes Des Moines Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Van Meter $201,700
Adel $159,200
Dallas Center $143,400
Name Median ZHVI
Dexter $128,900
Perry $85,100
 

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.4% Listings with price cut
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Redfield Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,250 Redfield
    $1,246 Des Moines Metro
    $1,355 United States

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

  • 1.2 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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