Rutherford County Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Rutherford County is $140, which is the same as the Forest City Metro average of $140. The median price of homes currently listed in Rutherford County is $199,000 while the median price of homes that sold is $75,450. The median rent price in Rutherford County is $650, which is the same as the Forest City Metro median of $650.

Foreclosures will be a factor impacting home values in the next several years. In Rutherford County 0.9 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

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 Rutherford County is 5.4%, which is lower than the national value of 7.2%. 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 Rutherford County homeowners underwater on their mortgage is 17.1%.

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Relative ZHVI
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Rutherford County Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $199,000 Median listing price
  • No recent data Median sale price
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Rutherford County Market Health

Data through Jun 30, 2014
  • 7.4/10 Healthy What's This?  
    Close

    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 of days on Zillow
  • 17.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.4% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

0.9 homes Rutherford County
4.3 homes United States
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Nearby Counties

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Buncombe County $202,400 Henderson County $172,900 Lincoln County $155,500
Greenville County $143,800 Spartanburg County $113,900 Burke County $110,400
Gaston County $97,100 Caldwell County $88,900 Cherokee County $59,400

Listings & Sales

Data through Jun 30, 2014
  • $140 Median list price / sq ft
  • $102 Median sale price / sq ft
  • 28.8% Listings with price cut
27.5%
Sold below listing
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Rutherford County Rentals

Data through Jun 30, 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
$867 Rutherford County
$867 Forest City Metro
$1,310 United States
  • No data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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