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

$135,000

  • 12.2% 1-year change
  • None 1-year forecast

The median home value in Union Grove is $135,000. Union Grove home values have gone up 12.2% over the past year. The median price of homes currently listed in Union Grove is $245,000.

Foreclosures will be a factor impacting home values in the next several years. In Union Grove 102.0 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 Union Grove is 6.7%, 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 Union Grove homeowners underwater on their mortgage is 10.1%.

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Relative ZHVI
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Union Grove Market Overview

Data through Mar 31, 2015
  • $135,000 ZHVI
  • No data 1-yr forecast
  • No recent data Median listing price
  • No data Median sale price
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Union Grove Market Health

Data through Mar 31, 2015
  • 8.8/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 10.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Moravian Falls $193,100
Cleveland $127,500
Olin $112,700
Name Median ZHVI
Mocksville $99,300
Statesville $98,900
Harmony $92,100

Listings & Sales

  • No data
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Union Grove Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,003 Union Grove
    $1,105 Statesville 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

  • 1.7 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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