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

$118,800

  • 14.1% 1-year change
  • 6.6% 1-year forecast

The median home value in Watauga is $118,800. Watauga home values have gone up 14.1% over the past year and Zillow predicts they will rise 6.6% within the next year. The median rent price in Watauga is $1,295, which is lower than the Dallas-Fort Worth Metro median of $1,550.

Foreclosures will be a factor impacting home values in the next several years. In Watauga 5.4 homes are foreclosed (per 10,000). This is greater than the Dallas-Fort Worth Metro value of 3.1 and also greater than the national value of 3.6

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 6.0%. 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 5.3%, which is lower than Dallas-Fort Worth Metro at 6.9%.

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Relative ZHVI
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Watauga Market Overview

Data through Jul 31, 2015
  • $118,800 ZHVI
  • 6.6% 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
    (Jul 31, 2016)
  • No data Median listing price
  • $128,614 Median sale price
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Watauga Market Health

Data through Jul 31, 2015
  • 7.7/10 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
  • 5.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5 Watauga
3 Dallas-Fort Worth Metro
4 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 Jul 31, 2015
  • No recent data Median list price / sq ft
  • $91 Median sale price / sq ft
  • No data Listings with price cut
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Watauga Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,235 Watauga
    $1,480 Dallas-Fort Worth Metro
    $1,376 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
  • $1,295 Rent list price
  • $0.86 Rent list price / sq ft
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