Home Values

West Monroe 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in West Monroe is $134,900.

Foreclosures will be a factor impacting home values in the next several years. In West Monroe 10.3 homes are foreclosed (per 10,000). This is 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 West Monroe is 5.4%, which is lower 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 West Monroe homeowners underwater on their mortgage is 47.5%.

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Relative ZHVI
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West Monroe Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $134,900 Median listing price
  • No data Median sale price
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West Monroe Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 47.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

10.3 homes(Dec 31, 2014) West Monroe
4 homes United States
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Nearby Cities

Name Median ZHVI
Constantia $119,300
Central Square $116,900
Schroeppel $108,700
Name Median ZHVI
Town of Mexico $104,900
Hastings $103,800
Palermo $97,200
Name Median ZHVI
Town of Parish $95,400
 
 

Listings & Sales

Data through Jan 31, 2015
  • $88 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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West Monroe Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,492 West Monroe
    $1,366 Syracuse Metro
    $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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