Home Values

Root 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Root is $109,000.

Foreclosures will be a factor impacting home values in the next several years. In Root 800.0 homes are foreclosed (per 10,000). This is 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 Root is 5.6%, which is lower than the national value of 6.4%. 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 Root homeowners underwater on their mortgage is 11.6%.

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Relative ZHVI
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Root Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $109,000 Median listing price
  • No data Median sale price
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Root Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 11.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Cobleskill $110,300
Ephratah $100,800
 

Listings & Sales

Data through Jan 31, 2015
  • $57 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Root Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,486 Amsterdam Metro
    $1,350 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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