Home Values

Union Grove 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

$120,000

  • 0.4% 1-year change
  • None 1-year forecast

The median home value in Union Grove is $120,000. Union Grove home values have gone up 0.4% over the past year. The median price of homes currently listed in Union Grove is $159,950.

Foreclosures will be a factor impacting home values in the next several years. In Union Grove 3.8 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Union Grove is 3.6%, which is lower than the national value of 6.4%. 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 Union Grove homeowners underwater on their mortgage is 15.6%.

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Relative ZHVI
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Union Grove Market Overview

Data through Jan 31, 2015
  • $120,000 ZHVI
  • No data 1-yr forecast
  • $159,950 Median listing price
  • No data Median sale price
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Union Grove Market Health

Data through Jan 31, 2015
  • 2.4/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 15.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.8 homes Union Grove
4 homes United States
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Nearby Cities

Name Median ZHVI
Gurley $146,400
Guntersville $138,400
Huntsville $137,000
Name Median ZHVI
Owens Cross Roads $124,300
Grant $122,000
Arab $115,500
Name Median ZHVI
New Hope $112,000
Holly Pond $105,500
Baileyton $100,300

Listings & Sales

Data through Jan 31, 2015
  • $87 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Union Grove Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $940 Union Grove
    $909 Albertville Metro
    $1,350 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
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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