Home Values

Sylva 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

$106,500

  • -12.5% 1-year change
  • None 1-year forecast

The median home value in Sylva is $106,500. Sylva home values have declined -12.5% over the past year. The median list price per square foot in Sylva is $118, which is lower than the Jackson County average of $152. The median price of homes currently listed in Sylva is $199,500 while the median price of homes that sold is $136,231.

Foreclosures will be a factor impacting home values in the next several years. In Sylva 3.5 homes are foreclosed (per 10,000). This is lower than the Jackson County value of 4.7 and also lower than the national value of 4.2

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 Sylva is 1.7%, 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 Sylva homeowners underwater on their mortgage is 12.7%, which is higher than Jackson County at 11.8%.

Read more
Relative ZHVI
- +

Sylva Market Overview

Data through Nov 30, 2014
  • $106,500 ZHVI
  • No data 1-yr forecast
  • $199,500 Median listing price
  • $136,231 Median sale price (Oct 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Sylva Market Health

Data through Nov 30, 2014
  • 5.7/10 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
  • 12.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes Sylva
4.7 homes Jackson County
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Cashiers $481,600
Lake Toxaway $389,300
Glenville $372,300
Name Median ZHVI
Highlands $298,300
Sapphire $289,600
Lake Junaluska $206,500
Name Median ZHVI
Cullowhee $199,300
Tuckasegee $183,900
Whittier $159,800

Listings & Sales

Data through Nov 30, 2014
  • $118 Median list price / sq ft
  • $113 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
17.0%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Sylva Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $991 Sylva
    $1,197 Jackson County
    $1,342 United States

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

  • 2.3 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
  • $0.70 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading