Home Values

03860 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

$171,300

  • -2.2% 1-year change
  • None 1-year forecast

The median home value in 03860 is $171,300. 03860 home values have declined -2.2% over the past year. The median list price per square foot in 03860 is $131, which is lower than the Town of Conway average of $133. The median price of homes currently listed in 03860 is $210,000 while the median price of homes that sold is $189,000. The median rent price in 03860 is $1,900.

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 03860 is 9.5%, which is higher 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 03860 homeowners underwater on their mortgage is 9.5%, which is lower than Town of Conway at 11.9%.

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Relative ZHVI
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03860 Market Overview

Data through Oct 31, 2014
  • $171,300 ZHVI
  • No data 1-yr forecast
  • $210,000 Median listing price
  • No recent data Median sale price
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03860 Market Health

Data through Oct 31, 2014
  • 1.8/10 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
  • 9.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
03846 $231,200
03875 $214,600
03836 $209,200
Name Median ZHVI
03838 $200,000
03845 $181,200
03812 $172,100
Name Median ZHVI
03849 $171,700
03886 $159,200
03818 $155,700

Listings & Sales

Data through Oct 31, 2014
  • $131 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.0% Listings with price cut
9.1%
Sold below listing
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03860 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,290 03860
    $1,295 Town of Conway
    $1,337 United States

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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,900 Rent list price
  • No data Rent list price / sq ft
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