Home Values

Tobaccoville 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

$124,600

  • 7.4% 1-year change
  • 4.7% 1-year forecast

The median home value in Tobaccoville is $124,600. Tobaccoville home values have gone up 7.4% over the past year and Zillow predicts they will rise 4.7% within the next year. The median price of homes currently listed in Tobaccoville is $229,900.

Foreclosures will be a factor impacting home values in the next several years. In Tobaccoville 4.8 homes are foreclosed (per 10,000). This is lower than the Winston-Salem Metro value of 4.9 and also greater 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 Tobaccoville is 8.8%, which is higher 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 Tobaccoville homeowners underwater on their mortgage is 12.9%, which is lower than Winston-Salem Metro at 16.2%.

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Relative ZHVI
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Tobaccoville Market Overview

Data through Nov 30, 2014
  • $124,600 ZHVI
  • 4.7% 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
    (Nov 30, 2015)
  • $229,900 Median listing price
  • No data Median sale price
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Tobaccoville Market Health

Data through Nov 30, 2014
  • 8.1/10 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
  • 12.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4.8 homes(Jun 30, 2014) Tobaccoville
4.9 homes Winston-Salem Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Bermuda Run $237,900
Lewisville $187,300
Clemmons $185,000
Name Median ZHVI
Pinnacle $138,600
Germanton $132,900
King $125,200
Name Median ZHVI
East Bend $122,600
Winston-Salem $110,600
Rural Hall $109,300

Listings & Sales

Data through Nov 30, 2014
  • $102 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Tobaccoville Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $992 Tobaccoville
    $1,026 Winston-Salem Metro
    $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

  • 1.8 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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