Home Values

Shalimar 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

$207,500

  • 0.4% 1-year change
  • 0.7% 1-year forecast

The median home value in Shalimar is $207,500. Shalimar home values have gone up 0.4% over the past year and Zillow predicts they will rise 0.7% within the next year. The median list price per square foot in Shalimar is None.

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 Shalimar is 8.9%, which is higher than the national value of 6.0%. 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 Shalimar homeowners underwater on their mortgage is 17.4%, which is lower than Destin Metro at 21.2%.

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Relative ZHVI
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Shalimar Market Overview

Data through May 31, 2015
  • $207,500 ZHVI
  • 0.7% 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
    (May 31, 2016)
  • No data Median listing price
  • $245,588 Median sale price (Apr 30, 2015)
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Shalimar Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 17.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 8.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Destin $287,700
Niceville $232,100
Mary Esther $149,100
Name Median ZHVI
Wright $143,500
Valparaiso $140,700
Crestview $134,200
Name Median ZHVI
Fort Walton Beach $133,800
Ocean City $132,000
 

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $124 Median sale price / sq ft
  • No data Listings with price cut
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Shalimar Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,386 Shalimar
    $1,273 Destin Metro
    $1,367 United States

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

  • 3.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.80 Rent list price / sq ft
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