Home Values

28391 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

$141,800

  • 5.8% 1-year change
  • 2.2% 1-year forecast

The median home value in 28391 is $141,800. 28391 home values have gone up 5.8% over the past year and Zillow predicts they will rise 2.2% within the next year. The median price of homes currently listed in 28391 is $179,500.

Foreclosures will be a factor impacting home values in the next several years. In 28391 14.2 homes are foreclosed (per 10,000). This is lower than the Stedman value of 15.1 and also greater than the national value of 4.0

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 28391 is 4.5%, which is lower than the national value of 6.4%. 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 28391 homeowners underwater on their mortgage is 19.3%, which is the same as Stedman at 19.3%.

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Relative ZHVI
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28391 Market Overview

Data through Dec 31, 2014
  • $141,800 ZHVI
  • 2.2% 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
    (Dec 31, 2015)
  • $179,500 Median listing price
  • No data Median sale price
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28391 Market Health

Data through Dec 31, 2014
  • 3.8/10 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
  • 19.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

14.2 homes 28391
15.1 homes Stedman
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
28356 $166,500
28305 $148,100
28312 $141,900
Name Median ZHVI
28306 $137,100
28395 $134,800
28348 $129,300
Name Median ZHVI
28311 $121,700
28318 $92,500
28301 $67,000

Listings & Sales

Data through Dec 31, 2014
  • $94 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 7.1% Listings with price cut
5.3%
Sold below listing
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28391 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $971 28391
    $1,053 Stedman
    $1,345 United States

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

  • 2.4 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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