Home Values

Scotland Neck 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 Scotland Neck is $75,900.

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 Scotland Neck is 7.5%, which is higher than the national value of 6.3%. 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 Scotland Neck homeowners underwater on their mortgage is 23.4%.

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Relative ZHVI
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Scotland Neck Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $75,900 Median listing price
  • No data Median sale price
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Scotland Neck Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 23.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Tarboro $71,400
Princeville $53,000
 

Listings & Sales

Data through Feb 28, 2015
  • $48 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.0% Listings with price cut
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Scotland Neck Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $774 Scotland Neck
    $830 Roanoke Rapids Metro
    $1,355 United States

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

  • 1.4 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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