Home Values

Tarrant 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

$50,400

  • 4.1% 1-year change
  • 4.5% 1-year forecast

The median home value in Tarrant is $50,400. Tarrant home values have gone up 4.1% over the past year and Zillow predicts they will rise 4.5% within the next year. The median list price per square foot in Tarrant is None. The median rent price in Tarrant is $700, which is lower than the Birmingham Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Tarrant 10.2 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

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 Tarrant is 4.3%, 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 Tarrant homeowners underwater on their mortgage is 29.0%.

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Relative ZHVI
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Tarrant Market Overview

Data through May 31, 2015
  • $50,400 ZHVI
  • 4.5% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Tarrant Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 29.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

10.2 homes Tarrant
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Mountain Brook $499,300
Gardendale $136,700
Mount Olive $125,700
Name Median ZHVI
Irondale $119,100
Fultondale $109,900
Pinson $98,300
Name Median ZHVI
Forestdale $93,300
Center Point $76,800
Birmingham $61,000

Listings & Sales

  • No data
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Tarrant Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $759 Tarrant
    $1,065 Birmingham Metro
    $1,367 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
    (Dec 31, 2014)
  • $700 Rent list price
  • $0.60 Rent list price / sq ft
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