Home Values

Wellington 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

$220,000

  • 7.1% 1-year change
  • 1.1% 1-year forecast

The median home value in Wellington is $220,000. Wellington home values have gone up 7.1% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in Wellington is $157, which is higher than the Fort Collins Metro average of $157. The median price of homes currently listed in Wellington is $257,500 while the median price of homes that sold is $228,200.

Foreclosures will be a factor impacting home values in the next several years. In Wellington 3.7 homes are foreclosed (per 10,000). This is greater than the Fort Collins Metro value of 1.5 and also lower than the national value of 4.3

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 Wellington is 2.2%, which is lower than the national value of 6.9%. 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 Wellington homeowners underwater on their mortgage is 15.2%, which is higher than Fort Collins Metro at 9.4%.

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Relative ZHVI
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Wellington Market Overview

Data through Aug 31, 2014
  • $220,000 ZHVI
  • 1.1% 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
    (Aug 31, 2015)
  • $257,500 Median listing price
  • $228,200 Median sale price
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Wellington Market Health

Data through Aug 31, 2014
  • 3.4/10 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.
  • No data Average days on Zillow
  • 15.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.7 homes Wellington
1.5 homes Fort Collins Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Windsor $284,200 Fort Collins $267,000 Severance $252,300
Johnstown $247,100 Livermore $241,500 Loveland $230,900
Laporte $222,700 Eaton $209,600 Ault $178,900

Listings & Sales

Data through Aug 31, 2014
  • $157 Median list price / sq ft
  • $148 Median sale price / sq ft
  • 21.6% Listings with price cut
14.3%
Sold below listing
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Wellington Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,460 Wellington
    $1,516 Fort Collins Metro
    $1,328 United States

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

  • 2.4 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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