Home Values

South Central 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

$93,500

  • -8.5% 1-year change
  • -0.4% 1-year forecast

The median home value in South Central is $93,500. South Central home values have declined -8.5% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in South Central is $105, which is lower than the Raleigh average of $117. The median price of homes currently listed in South Central is $149,990 while the median price of homes that sold is $125,471. The median rent price in South Central is $650, which is lower than the Raleigh median of $1,129.

Foreclosures will be a factor impacting home values in the next several years. In South Central 4.4 homes are foreclosed (per 10,000). This is greater than the Raleigh value of 4.1 and also lower than the national value of 4.5

Read more
Relative ZHVI
- +

South Central Market Overview

Data through Oct 31, 2014
  • $93,500 ZHVI
  • -0.4% 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
    (Oct 31, 2015)
  • $149,990 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

South Central Market Health

Data through Oct 31, 2014
  • 0.4/10 Less 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.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

4.4 homes South Central
4.1 homes Raleigh
4.5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Neighborhoods

Name Median ZHVI
Wade $395,100
Five Points $344,300
Mordecai $264,500
Name Median ZHVI
Hillsborough $234,300
Central $181,000
North Central $169,900
Name Median ZHVI
Southwest Raleigh $137,400
East Raleigh $124,500
South Raleigh $121,200

Listings & Sales

Data through Oct 31, 2014
  • $105 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 44.4% Listings with price cut
23.4%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

South Central Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $937 South Central
    $1,307 Raleigh
    $1,337 United States

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

  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $650 Rent list price (Sep 30, 2014)
  • $0.91 Rent list price / sq ft (Sep 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading