Home Values

Watauga 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

The median list price per square foot in Watauga is $84, which is lower than the Dallas-Fort Worth Metro average of $107. The median price of homes currently listed in Watauga is $120,000 while the median price of homes that sold is $111,607. The median rent price in Watauga is $1,275, which is lower than the Dallas-Fort Worth Metro median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In Watauga 4.7 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 4.3 and also 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 Watauga is 4.3%, 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 Watauga homeowners underwater on their mortgage is 6.5%, which is lower than Dallas-Fort Worth Metro at 8.6%.

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Relative ZHVI
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Watauga Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $120,000 Median listing price
  • $111,607 Median sale price (Jan 31, 2015)
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Watauga Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 6.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4.7 homes Watauga
4.3 homes Dallas-Fort Worth Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Colleyville $405,400
Keller $285,900
Bedford $161,100
Name Median ZHVI
North Richland Hills $146,500
Hurst $136,700
Saginaw $118,100
Name Median ZHVI
Richland Hills $103,000
Haltom City $83,200
Blue Mound $78,500

Listings & Sales

Data through Feb 28, 2015
  • $84 Median list price / sq ft
  • $78 Median sale price / sq ft (Jan 31, 2015)
  • 12.9% Listings with price cut
24.5%
Sold below listing
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Watauga Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,221 Watauga
    $1,449 Dallas-Fort Worth Metro
    $1,355 United States

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

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,275 Rent list price
  • $0.87 Rent list price / sq ft
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