76092 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

Market Temperature: Very ColdWhat'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 zip code relative to other zip codes in the same metropolitan area. A particular zip code 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 list price per square foot in 76092 is $177, which is higher than the Southlake average of $175. The median price of homes currently listed in 76092 is $730,000 while the median price of homes that sold is $486,121. The median rent price in 76092 is $4,000, which is the same as the Southlake median of $4,000.

Foreclosures will be a factor impacting home values in the next several years. In 76092 0.8 homes are foreclosed (per 10,000). This is the same as the Southlake value of 0.8 and also lower than the national value of 4.3

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 76092 is 3.4%, which is lower than the national value of 6.9%. 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 76092 homeowners underwater on their mortgage is 3.9%, which is the same as Southlake at 3.9%.

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Relative ZHVI
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76092 Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $730,000 Median listing price
  • $486,121 Median sale price
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76092 Market Health

Data through Aug 31, 2014
  • 9.8/10 Very healthy 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 days on Zillow
  • 3.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.8 homes 76092
0.8 homes Southlake
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
76034 $410,000 75022 $343,800 76248 $281,500
76262 $260,200 75028 $247,100 76051 $241,500
76054 $182,800 76021 $176,300 76182 $170,500

Listings & Sales

Data through Aug 31, 2014
  • $177 Median list price / sq ft
  • $140 Median sale price / sq ft
  • 36.9% Listings with price cut
17.9%
Sold below listing
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76092 Rentals

Data through Aug 31, 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
$4,199 76092
$4,199 Southlake
$1,328 United States
  • 1.9 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, 2014)
  • $4,000 Rent list price
  • $1.22 Rent list price / sq ft
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