Home Values

Sumerduck 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

$256,800

  • 14.6% 1-year change
  • 3.1% 1-year forecast

The median home value in Sumerduck is $256,800. Sumerduck home values have gone up 14.6% over the past year and Zillow predicts they will rise 3.1% within the next year. The median price of homes currently listed in Sumerduck is $325,000.

Foreclosures will be a factor impacting home values in the next several years. In Sumerduck 12.2 homes are foreclosed (per 10,000). This is greater than the Washington Metro value of 2.1 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 Sumerduck is 1.9%, 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 Sumerduck homeowners underwater on their mortgage is 16.6%, which is lower than Washington Metro at 19.3%.

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Relative ZHVI
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Sumerduck Market Overview

Data through Sep 30, 2014
  • $256,800 ZHVI
  • 3.1% 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
    (Sep 30, 2015)
  • $325,000 Median listing price
  • No data Median sale price
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Sumerduck Market Health

Data through Sep 30, 2014
  • 7.6/10 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
  • 16.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

12.2 homes Sumerduck
2.1 homes Washington Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Catlett $299,800
Goldvein $291,200
Midland $282,100
Name Median ZHVI
Brandy Station $246,000
Bealeton $245,800
Fredericksburg $228,500
Name Median ZHVI
Remington $210,800
Locust Grove $210,100
Rhoadesville $168,000

Listings & Sales

Data through Sep 30, 2014
  • $167 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.2% Listings with price cut
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Sumerduck Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,537 Sumerduck
    $2,093 Washington Metro
    $1,335 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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