Home Values

West Dundee 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

$241,800

  • 8.7% 1-year change
  • 1.1% 1-year forecast

The median home value in West Dundee is $241,800. West Dundee home values have gone up 8.7% over the past year and Zillow predicts they will rise 1.1% within the next year. The median price of homes currently listed in West Dundee is $259,900 while the median price of homes that sold is $242,000. The median rent price in West Dundee is $1,444, which is lower than the Chicago Metro median of $1,550.

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 West Dundee is 6.1%, 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 West Dundee homeowners underwater on their mortgage is 22.3%, which is lower than Chicago Metro at 27.1%.

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Relative ZHVI
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West Dundee Market Overview

Data through Aug 31, 2014
  • $241,800 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)
  • $259,900 Median listing price
  • No recent data Median sale price
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West Dundee Market Health

Data through Aug 31, 2014
  • 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.
  • No data Average days on Zillow
  • 22.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Barrington Hills $766,600
Sleepy Hollow $274,800
Gilberts $235,400
Name Median ZHVI
Algonquin $216,800
Lake in the Hills $182,900
South Elgin $181,400
Name Median ZHVI
East Dundee $162,200
Elgin $153,400
Carpentersville $128,000

Listings & Sales

Data through Aug 31, 2014
  • $113 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 50.0% Listings with price cut
57.1%
Sold below listing
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West Dundee Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,878 West Dundee
    $1,645 Chicago 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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,444 Rent list price
  • $1.24 Rent list price / sq ft
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