Home Values

Springhill 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

$97,800

  • 15.7% 1-year change
  • 5.7% 1-year forecast

The median home value in Springhill is $97,800. Springhill home values have gone up 15.7% over the past year and Zillow predicts they will rise 5.7% within the next year. The median price of homes currently listed in Springhill is $175,000.

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 Springhill is 0.0%, 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 Springhill homeowners underwater on their mortgage is 14.3%, which is higher than Pittsburgh Metro at 10.6%.

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Relative ZHVI
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Springhill Market Overview

Data through Oct 31, 2014
  • $97,800 ZHVI
  • 5.7% 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)
  • No recent data Median listing price
  • No data Median sale price
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Springhill Market Health

Data through Oct 31, 2014
  • 10.0/10 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
  • 14.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.6 homes Pittsburgh Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Cheat Lake $238,500
Brookhaven $166,400
Morgantown $163,400
Name Median ZHVI
South Union Township $126,300
Georges Township $105,100
Fairchance $100,700
Name Median ZHVI
Nicholson Township $95,600
Masontown $80,700
German Township $72,100

Listings & Sales

  • No data
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Springhill Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,029 Springhill
    $1,141 Pittsburgh Metro
    $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

  • 0.9 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 data Rent list price
  • No data Rent list price / sq ft
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