Six Forks Home Prices & Values

$316,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.4% 1-year change
  • 3.7% 1-year forecast

Market Temperature: CoolWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Six Forks is $316,900. Six Forks home values have gone up 3.4% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in Six Forks is $174, which is higher than the Raleigh average of $116. The median price of homes currently listed in Six Forks is $399,900 while the median price of homes that sold is $298,150. The median rent price in Six Forks is $1,285, which is higher than the Raleigh median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Six Forks 1.6 homes are foreclosed (per 10,000). This is lower than the Raleigh value of 4.6 and also lower than the national value of 4.3

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Relative ZHVI
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Six Forks Market Overview

Data through Jun 30, 2014
  • $316,900 ZHVI
  • 3.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $399,900 Median listing price
  • $298,150 Median sale price
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Six Forks Market Health

Data through Jun 30, 2014
  • 5.1/10 Stable What's This?  
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    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
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

1.6 homes Six Forks
4.6 homes Raleigh
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Glenwood $530,500 Wade $388,800 Five Points $331,200
Mordecai $255,400 Falls of Neuse $240,000 Hillsborough $213,700
North Central $172,900 Central $170,000 East Raleigh $125,000

Listings & Sales

Data through Jun 30, 2014
  • $174 Median list price / sq ft
  • $156 Median sale price / sq ft
  • 40.2% Listings with price cut
13.2%
Sold below listing
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Six Forks 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
$1,581 Six Forks
$1,293 Raleigh
$1,310 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,285 Rent list price
  • No data Rent list price / sq ft
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