Wellington Home Prices & Values

$273,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 18.1% 1-year change
  • 6.9% 1-year forecast

Market Temperature: WarmWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Wellington is $273,700. Wellington home values have gone up 18.1% over the past year and Zillow predicts they will rise 6.9% within the next year. The median list price per square foot in Wellington is $158, which is lower than the Miami-Fort Lauderdale Metro average of $159. The median price of homes currently listed in Wellington is $394,900 while the median price of homes that sold is $319,150.

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 20.0%, which is higher than the national value of 8.0%. 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 Wellington homeowners underwater on their mortgage is 18.5%, which is lower than Miami-Fort Lauderdale Metro at 26.7%.

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Relative ZHVI
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Wellington Market Overview

Data through Feb 28, 2014
  • $273,700 ZHVI
  • 6.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $394,900 Median listing price
  • $319,150 Median sale price
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Wellington Market Health

Data through Feb 28, 2014
  • 7.3/10 Healthy What's This?  
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    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 of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Royal Palm Beach $182,600 Boynton Beach $167,000 Haverhill $148,200
Lake Belvedere Estates $135,600 Cypress Lakes $112,700 Lake Worth Corridor $89,400
Greenacres $82,600 Golden Lakes $49,200 Century Village $30,900

Listings & Sales

Data through Feb 28, 2014
  • $158 Median list price / sq ft
  • $143 Median sale price / sq ft
  • 30.4% Listings with price cut
22.5%
Sold below listing
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Wellington Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,213 Wellington
$1,739 Miami-Fort Lauderdale Metro
$1,310 United States
  • No recent data Breakeven horizon
  • No data Rent list price
  • $1.06 Rent list price / sq ft
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