Sumas 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

$220,400

  • 1.0% 1-year change
  • 0.5% 1-year forecast

The median home value in Sumas is $220,400. Sumas home values have gone up 1.0% over the past year and Zillow predicts they will rise 0.5% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Sumas 16.2 homes are foreclosed (per 10,000). This is greater than the Bellingham Metro value of 2.6 and also greater than the national value of 3.6

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 Sumas is 3.0%, which is lower than the national value of 6.0%. 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 Sumas homeowners underwater on their mortgage is 13.5%, which is higher than Bellingham Metro at 10.6%.

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Relative ZHVI
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Sumas Market Overview

Data through Jul 31, 2015
  • $220,400 ZHVI
  • 0.5% 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
    (Jul 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Sumas Market Health

Data through Jul 31, 2015
  • 0.9/10 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
  • 13.5% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

16(Nov 30, 2014) Sumas
3 Bellingham Metro
4 United States
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Nearby Cities

Name Median ZHVI
Geneva $338,300
Custer $308,500
Bellingham $272,300
Name Median ZHVI
Marietta-Alderwood $271,400
Ferndale $261,100
Lynden $254,500
Name Median ZHVI
Deming $204,700
Everson $192,900
Maple Falls $140,000

Listings & Sales

  • No data
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Sumas Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,278 Sumas
    $1,453 Bellingham Metro
    $1,376 United States

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

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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