Home Values

Troutman 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

$145,800

  • 6.3% 1-year change
  • None 1-year forecast

The median home value in Troutman is $145,800. Troutman home values have gone up 6.3% over the past year. The median list price per square foot in Troutman is None. The median rent price in Troutman is $1,650, which is higher than the Statesville Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Troutman 5.8 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

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 Troutman is 1.5%, which is lower 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 Troutman homeowners underwater on their mortgage is 13.3%.

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Relative ZHVI
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Troutman Market Overview

Data through Apr 30, 2015
  • $145,800 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $233,000 Median sale price (Mar 31, 2015)
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Troutman Market Health

Data through Apr 30, 2015
  • 5.7/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 13.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5.8 homes Troutman
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Terrell $309,700
Davidson $263,000
Cornelius $226,700
Name Median ZHVI
Sherrills Ford $211,000
Mooresville $192,100
Mount Ulla $178,800
Name Median ZHVI
Cleveland $127,500
Catawba $106,200
Statesville $98,900

Listings & Sales

  • No data
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Troutman Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,128 Troutman
    $1,115 Statesville Metro
    $1,364 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,650 Rent list price (Feb 28, 2015)
  • $0.76 Rent list price / sq ft (Feb 28, 2015)
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