Southport Home Prices & Values

$209,600 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

  • 11.4% 1-year change
  • 3.3% 1-year forecast

The median home value in Southport is $209,600. Southport home values have gone up 11.4% over the past year and Zillow predicts they will rise 3.3% within the next year. The median list price per square foot in Southport is $176, which is higher than the Wilmington Metro average of $133. The median price of homes currently listed in Southport is $299,900 while the median price of homes that sold is $220,000. The median rent price in Southport is $800, which is lower than the Wilmington Metro median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In Southport 6.7 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

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Relative ZHVI
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Southport Market Overview

Data through Jul 31, 2014
  • $209,600 ZHVI
  • 3.3% 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

    (Jul 31, 2015)
  • $299,900 Median listing price
  • No recent data Median sale price
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Southport Market Health

Data through Jul 31, 2014
  • 7.7/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Bald Head Island $676,300 Kure Beach $330,800 Saint James $297,700
Carolina Beach $231,500 Sea Breeze $227,800 Myrtle Grove $208,700
Caswell Beach $208,000 Oak Island $206,500 Boiling Spring Lakes $149,600

Listings & Sales

Data through Jul 31, 2014
  • $176 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.1% Listings with price cut
7.7%
Sold below listing
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Southport Rentals

Data through Jul 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
$1,156 Southport
$1,197 Wilmington Metro
$1,318 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)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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