Home Values

UMC 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

$137,300

  • 17.4% 1-year change
  • 7.6% 1-year forecast

The median home value in UMC is $137,300. UMC home values have gone up 17.4% over the past year and Zillow predicts they will rise 7.6% within the next year. The median list price per square foot in UMC is $87, which is lower than the Las Vegas average of $109. The median price of homes currently listed in UMC is $159,999 while the median price of homes that sold is $200,000.

Foreclosures will be a factor impacting home values in the next several years. In UMC 7.9 homes are foreclosed (per 10,000). This is lower than the Las Vegas value of 8.1 and also greater than the national value of 4.2

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Relative ZHVI
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UMC Market Overview

Data through Nov 30, 2014
  • $137,300 ZHVI
  • 7.6% 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)
  • $159,999 Median listing price
  • No recent data Median sale price
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UMC Market Health

Data through Nov 30, 2014
  • 9.9/10 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

7.9 homes UMC
8.1 homes Las Vegas
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
The Strip $273,900
Buffalo $229,200
Rancho Charleston $140,700
Name Median ZHVI
Michael Way $133,800
Winchester $129,600
Charleston Heights $125,400
Name Median ZHVI
Twin Lakes $123,400
Huntridge $111,700
West Las Vegas $97,200

Listings & Sales

Data through Nov 30, 2014
  • $87 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
96.0%
Sold below listing
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UMC Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,066 UMC
    $1,181 Las Vegas
    $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

  • 0.8 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
  • $0.79 Rent list price / sq ft
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