14882 Home Prices & Values

$177,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -1.1% 1-year change
  • 1.9% 1-year forecast

The median home value in 14882 is $177,800. 14882 home values have declined -1.1% over the past year and Zillow predicts they will rise 1.9% within the next year. The median price of homes currently listed in 14882 is $192,000.

Foreclosures will be a factor impacting home values in the next several years. In 14882 7.0 homes are foreclosed (per 10,000). This is greater than the Town of Lansing value of 6.8 and also greater than the national value of 4.3

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 14882 is 5.9%, which is lower than the national value of 7.2%. 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 14882 homeowners underwater on their mortgage is 3.4%, which is the same as Town of Lansing at 3.4%.

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Relative ZHVI
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14882 Market Overview

Data through Jun 30, 2014
  • $177,800 ZHVI
  • 1.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $192,000 Median listing price
  • No data Median sale price
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14882 Market Health

Data through Jun 30, 2014
  • 1.8/10 Less healthy What's This?  
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    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 of days on Zillow
  • 3.4% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.9% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
13092 $107,900 13118 $104,900  

Listings & Sales

Data through Jun 30, 2014
  • $138 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.6% Listings with price cut
30.8%
Sold below listing
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14882 Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,523 14882
$1,525 Town of Lansing
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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