Willow Spring 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

$165,300

  • 1.7% 1-year change
  • 2.4% 1-year forecast

The median home value in Willow Spring is $165,300. Willow Spring home values have gone up 1.7% over the past year and Zillow predicts they will rise 2.4% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Willow Spring 4.1 homes are foreclosed (per 10,000). This is greater than the Raleigh Metro value of 2.7 and also greater than the national value of 3.6

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 Willow Spring is 4.2%, which is lower than the national value of 6.0%. 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 Willow Spring homeowners underwater on their mortgage is 10.6%, which is higher than Raleigh Metro at 9.9%.

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Relative ZHVI
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Willow Spring Market Overview

Data through Jul 31, 2015
  • $165,300 ZHVI
  • 2.4% 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
    (Jul 31, 2016)
  • No data Median listing price
  • $207,175 Median sale price
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Willow Spring Market Health

Data through Jul 31, 2015
  • 5.7/10 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
  • 10.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4 Willow Spring
3 Raleigh Metro
4 United States
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Nearby Cities

Name Median ZHVI
Holly Springs $220,200
Fuquay Varina $188,600
Raleigh $185,000
Name Median ZHVI
Clayton $162,200
Garner $149,400
Angier $132,600
Name Median ZHVI
Benson $124,800
Coats $96,200
Erwin $84,600

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $105 Median sale price / sq ft
  • No data Listings with price cut
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Willow Spring Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,240 Willow Spring
    $1,351 Raleigh Metro
    $1,376 United States

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

  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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