Home Values

Shepherdstown 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 Shepherdstown is $329,900 while the median price of homes that sold is $350,000. The median rent price in Shepherdstown is $1,300, which is lower than the Washington Metro median of $1,850.

Foreclosures will be a factor impacting home values in the next several years. In Shepherdstown 3.3 homes are foreclosed (per 10,000). This is lower than the Washington Metro value of 3.9 and also 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 Shepherdstown is 2.2%, 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 Shepherdstown homeowners underwater on their mortgage is 18.5%, which is higher than Washington Metro at 18.4%.

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Relative ZHVI
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Shepherdstown Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $329,900 Median listing price
  • No recent data Median sale price
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Shepherdstown Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 18.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.3 homes(Sep 30, 2014) Shepherdstown
3.9 homes Washington Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Keedysville $255,400
Saint James $236,000
Boonsboro $221,100
Name Median ZHVI
Kearneysville $198,000
Sharpsburg $182,700
Harpers Ferry $182,300
Name Median ZHVI
Williamsport $180,800
Charles Town $170,300
Halfway $152,300

Listings & Sales

Data through Dec 31, 2014
  • $123 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.8% Listings with price cut
9.1%
Sold below listing
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Shepherdstown Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,442 Shepherdstown
    $2,104 Washington Metro
    $1,345 United States

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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,300 Rent list price
  • No data Rent list price / sq ft
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