Home Values

36587 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

$115,800

  • 12.6% 1-year change
  • 2.7% 1-year forecast

The median home value in 36587 is $115,800. 36587 home values have gone up 12.6% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in 36587 is $83, which is the same as the Wilmer average of $83. The median price of homes currently listed in 36587 is $115,000 while the median price of homes that sold is $109,900.

Foreclosures will be a factor impacting home values in the next several years. In 36587 7.9 homes are foreclosed (per 10,000). This is greater than the Wilmer value of 4.7 and also greater than the national value of 3.9

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 36587 homeowners underwater on their mortgage is 17.8%, which is lower than Wilmer at 18.4%.

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Relative ZHVI
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36587 Market Overview

Data through Feb 28, 2015
  • $115,800 ZHVI
  • 2.7% 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
    (Feb 29, 2016)
  • $115,000 Median listing price
  • No recent data Median sale price
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36587 Market Health

Data through Feb 28, 2015
  • 4.0/10 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
  • 17.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

7.9 homes 36587
4.7 homes Wilmer
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
36695 $141,100
39452 $132,600
36521 $119,900
Name Median ZHVI
36608 $118,100
36575 $114,200
36609 $103,400
Name Median ZHVI
36618 $78,500
36613 $76,600
36612 $41,200

Listings & Sales

Data through Feb 28, 2015
  • $83 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 4.9% Listings with price cut
36.4%
Sold below listing
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36587 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $950 36587
    $949 Wilmer
    $1,355 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
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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