Home Values

Rockville 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

$260,100

  • -0.5% 1-year change
  • 1.1% 1-year forecast

The median home value in Rockville is $260,100. Rockville home values have declined -0.5% over the past year and Zillow predicts they will rise 1.1% within the next year. The median price of homes currently listed in Rockville is $399,950.

Foreclosures will be a factor impacting home values in the next several years. In Rockville 7.5 homes are foreclosed (per 10,000). This is greater than the Richmond Metro value of 4.7 and also greater than the national value of 4.0

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 Rockville is 1.8%, 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 Rockville homeowners underwater on their mortgage is 11.2%, which is lower than Richmond Metro at 20.3%.

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Relative ZHVI
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Rockville Market Overview

Data through Sep 30, 2014
  • $260,100 ZHVI
  • 1.1% 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
    (Sep 30, 2015)
  • $399,950 Median listing price
  • No data Median sale price
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Rockville Market Health

Data through Sep 30, 2014
  • 4.8/10 Stable
    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
  • 11.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

7.5 homes(Aug 31, 2014) Rockville
4.7 homes Richmond Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Glen Allen $272,900
Midlothian $249,300
Tuckahoe $245,800
Name Median ZHVI
Montpelier $244,200
Ashland $215,500
Beaverdam $211,500
Name Median ZHVI
Bumpass $210,200
Laurel $153,200
Dumbarton $136,000

Listings & Sales

Data through Sep 30, 2014
  • $169 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 76.5% Listings with price cut
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Rockville Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,524 Rockville
    $1,314 Richmond Metro
    $1,335 United States

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

  • 2.9 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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