Home Values

Searcy 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 list price per square foot in Searcy is $82, which is higher than the Searcy Metro average of $80. The median price of homes currently listed in Searcy is $143,000 while the median price of homes that sold is $124,645. The median rent price in Searcy is $525, which is lower than the Searcy Metro median of $530.

Foreclosures will be a factor impacting home values in the next several years. In Searcy 0.5 homes are foreclosed (per 10,000). This is lower 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 Searcy is 2.8%, 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 Searcy homeowners underwater on their mortgage is 16.6%.

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Relative ZHVI
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Searcy Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $143,000 Median listing price
  • $124,645 Median sale price (Dec 31, 2014)
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Searcy Market Health

Data through Jan 31, 2015
  • 6.7/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 16.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Romance $131,700
Beebe $123,000
Rose Bud $114,500
Name Median ZHVI
Ward $113,500
Pangburn $102,700
McRae $93,700
Name Median ZHVI
Judsonia $87,700
Bald Knob $78,300
Kensett $55,300

Listings & Sales

Data through Jan 31, 2015
  • $82 Median list price / sq ft
  • $78 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
25.8%
Sold below listing
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Searcy Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $986 Searcy
    $909 Searcy 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
  • $525 Rent list price
  • $0.58 Rent list price / sq ft
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