Riggs Park Home Prices & Values

$331,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 16.8% 1-year change
  • 5.0% 1-year forecast

The median home value in Riggs Park is $331,400. Riggs Park home values have gone up 16.8% over the past year and Zillow predicts they will rise 5.0% within the next year. The median list price per square foot in Riggs Park is $289, which is lower than the Washington average of $442. The median price of homes currently listed in Riggs Park is $329,999 while the median price of homes that sold is $300,000.

Foreclosures will be a factor impacting home values in the next several years. In Riggs Park 2.3 homes are foreclosed (per 10,000). This is greater than the Washington value of 0.8 and also lower than the national value of 4.3

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Relative ZHVI
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Riggs Park Market Overview

Data through Aug 31, 2014
  • $331,400 ZHVI
  • 5.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $329,999 Median listing price
  • No recent data Median sale price
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Riggs Park Market Health

Data through Aug 31, 2014
  • 9.6/10 Very healthy What's This?  
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    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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

2.3 homes(Jan 31, 2012) Riggs Park
0.8 homes Washington
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Sixteenth Street Heights $589,300 Takoma $480,500 Brookland $480,500
Petworth $468,000 Manor Park $432,400 Brightwood Park $389,500
Michigan Park $377,300 North Michigan Park $356,200 Catholic University $288,400

Listings & Sales

Data through Aug 31, 2014
  • $289 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 18.2% Listings with price cut
3.4%
Sold below listing
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Riggs Park Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,126 Riggs Park
$2,482 Washington
$1,328 United States
  • 1.8 Breakeven horizon What's This?  
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    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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