Home Values

Riggs Park 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

$349,200

  • 10.6% 1-year change
  • 5.4% 1-year forecast

The median home value in Riggs Park is $349,200. Riggs Park home values have gone up 10.6% over the past year and Zillow predicts they will rise 5.4% within the next year. The median list price per square foot in Riggs Park is $334, which is lower than the Washington average of $435. The median price of homes currently listed in Riggs Park is $385,000 while the median price of homes that sold is $322,000. The median rent price in Riggs Park is $1,959, which is lower than the Washington median of $2,225.

Foreclosures will be a factor impacting home values in the next several years. In Riggs Park 2.2 homes are foreclosed (per 10,000). This is greater than the Washington value of 1.6 and also lower than the national value of 3.9

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Relative ZHVI
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Riggs Park Market Overview

Data through Feb 28, 2015
  • $349,200 ZHVI
  • 5.4% 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)
  • $385,000 Median listing price
  • $322,000 Median sale price (Dec 31, 2014)
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Riggs Park Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.2 homes(Jan 31, 2015) Riggs Park
1.6 homes Washington
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Sixteenth Street Heights $566,400
Takoma $469,800
Petworth $469,100
Name Median ZHVI
Brookland $467,700
Manor Park $427,600
Brightwood Park $393,800
Name Median ZHVI
Michigan Park $366,200
North Michigan Park $333,100
Catholic University $290,200

Listings & Sales

Data through Feb 28, 2015
  • $334 Median list price / sq ft
  • $290 Median sale price / sq ft (Dec 31, 2014)
  • 9.8% Listings with price cut
7.3%
Sold below listing
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Riggs Park Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,153 Riggs Park
    $2,497 Washington
    $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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,959 Rent list price
  • $2.14 Rent list price / sq ft
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