Home Values

Roy 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

$280,500

  • 3.2% 1-year change
  • 3.5% 1-year forecast

The median home value in Roy is $280,500. Roy home values have gone up 3.2% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Roy is $126, which is lower than the Seattle Metro average of $178. The median price of homes currently listed in Roy is $275,500 while the median price of homes that sold is $245,000. The median rent price in Roy is $1,400, which is lower than the Seattle Metro median of $1,595.

Foreclosures will be a factor impacting home values in the next several years. In Roy 14.0 homes are foreclosed (per 10,000). This is greater than the Seattle Metro value of 5.8 and also greater than the national value of 4.2

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 Roy is 10.8%, which is higher 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 Roy homeowners underwater on their mortgage is 21.1%, which is higher than Seattle Metro at 16.2%.

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Relative ZHVI
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Roy Market Overview

Data through Nov 30, 2014
  • $280,500 ZHVI
  • 3.5% 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
    (Nov 30, 2015)
  • $275,500 Median listing price
  • No recent data Median sale price
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Roy Market Health

Data through Nov 30, 2014
  • 2.3/10 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
  • 21.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

14 homes Roy
5.8 homes Seattle Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Dupont $288,000
Graham $259,300
Frederickson $227,900
Name Median ZHVI
Lakewood $218,800
Spanaway $208,100
Rainier $201,300
Name Median ZHVI
Midland $187,700
Parkland $181,500
Yelm $179,700

Listings & Sales

Data through Nov 30, 2014
  • $126 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
22.4%
Sold below listing
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Roy Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,541 Roy
    $1,827 Seattle Metro
    $1,342 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,400 Rent list price
  • $0.71 Rent list price / sq ft
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