Home Values

98255 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 98255 217.9 homes are foreclosed (per 10,000). This is greater than the Mount Vernon Metro value of 5.2 and also greater 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 98255 is 0.0%, 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 98255 homeowners underwater on their mortgage is 18.8%, which is lower than Mount Vernon Metro at 19.7%.

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Relative ZHVI
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98255 Market Overview

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98255 Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 18.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

217.9 homes(Aug 31, 2014) 98255
5.2 homes Mount Vernon Metro
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
98284 $196,200
98237 $134,200
 

Listings & Sales

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98255 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,307 Mount Vernon Metro
    $1,345 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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