Home Values

South Lake Morton 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

$143,000

  • 21.2% 1-year change
  • 6.6% 1-year forecast

The median home value in South Lake Morton is $143,000. South Lake Morton home values have gone up 21.2% over the past year and Zillow predicts they will rise 6.6% within the next year. The median price of homes currently listed in South Lake Morton is $200,000 while the median price of homes that sold is $180,000. The median rent price in South Lake Morton is $850, which is higher than the Lakeland median of $845.

Relative ZHVI
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South Lake Morton Market Overview

Data through Nov 30, 2014
  • $143,000 ZHVI
  • 6.6% 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
    (Nov 30, 2015)
  • $200,000 Median listing price
  • No recent data Median sale price
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South Lake Morton Market Health

Data through Nov 30, 2014
  • 9.7/10 Very 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 (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)
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Nearby Neighborhoods

Name Median ZHVI
Lake Hollingsworth $227,500
Southwest $108,100
Camphor $87,500
Name Median ZHVI
Dixieland $71,100
 
 

Listings & Sales

Data through Nov 30, 2014
  • $134 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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South Lake Morton Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,123 South Lake Morton
    $1,059 Lakeland
    $1,342 United States

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

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