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

$270,800

  • 11.2% 1-year change
  • None 1-year forecast

The median home value in Wellington is $270,800. Wellington home values have gone up 11.2% over the past year. The median price of homes currently listed in Wellington is $275,000.

Foreclosures will be a factor impacting home values in the next several years. In Wellington 23.4 homes are foreclosed (per 10,000). This is lower than the Wellington value of 444.4 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 Wellington is 12.2%, which is higher 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 Wellington homeowners underwater on their mortgage is 23.9%, which is higher than Wellington at 18.4%.

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Relative ZHVI
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Wellington Market Overview

Data through Jan 31, 2015
  • $270,800 ZHVI
  • No data 1-yr forecast
  • $275,000 Median listing price
  • No data Median sale price
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Wellington Market Health

Data through Jan 31, 2015
  • 4.3/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 23.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 12.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

23.4 homes(Dec 31, 2014) Wellington
444.4 homes(Mar 31, 2013) Wellington
4 homes United States
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Nearby Cities

Name Median ZHVI
Zephyr Cove $431,400
South Lake Tahoe $343,400
Minden $330,900
Name Median ZHVI
Gardnerville $258,900
Carson City $201,600
Dayton $171,600
Name Median ZHVI
Silver Springs $138,700
Yerington $130,000
 

Listings & Sales

Data through Jan 31, 2015
  • $153 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Wellington Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,239 Wellington
    $1,350 United States

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

  • 1.5 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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