Home Values

Trappe 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

None

  • None 1-year change
  • None 1-year forecast

Foreclosures will be a factor impacting home values in the next several years. In Trappe 3.7 homes are foreclosed (per 10,000). This is greater than the national value of 3.0

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 Trappe is 13.3%, which is higher than the national value of 6.3%. 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 Trappe homeowners underwater on their mortgage is 11.1%.

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Relative ZHVI
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Trappe Market Overview

  • No data
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Trappe Market Health

Data through Mar 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 11.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 13.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.7 homes(Feb 28, 2015) Trappe
3 homes United States
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Nearby Cities

Name Median ZHVI
Oxford $584,900
Bozman $474,700
Saint Michaels $380,500
Name Median ZHVI
Easton $261,300
Cordova $224,300
Preston $182,200
Name Median ZHVI
East New Market $160,100
Cambridge $127,600
Hurlock $116,900

Listings & Sales

  • No data
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Trappe Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,675 Trappe
    $1,790 Easton Metro
    $1,362 United States

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

  • 2.6 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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