Home Values

Wylie 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

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median list price per square foot in Wylie is None. The median rent price in Wylie is $1,475, which is higher than the Dallas-Fort Worth Metro median of $1,332.

Foreclosures will be a factor impacting home values in the next several years. In Wylie 1.3 homes are foreclosed (per 10,000). This is lower than the Dallas-Fort Worth Metro value of 2.8 and also lower than the national value of 3.0

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 Wylie is 4.4%, which is lower than the national value of 6.3%. 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 Wylie homeowners underwater on their mortgage is 5.8%, which is lower than Dallas-Fort Worth Metro at 8.6%.

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Relative ZHVI
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Wylie Market Overview

Data through Mar 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $194,042 Median sale price
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Wylie Market Health

Data through Mar 31, 2015
  • 8.4/10 Very 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 5.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.3 homes Wylie
2.8 homes Dallas-Fort Worth Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Lucas $404,700
Fairview $343,900
Murphy $263,400
Name Median ZHVI
Rockwall $183,400
Sachse $178,700
Fate $169,600
Name Median ZHVI
Lowry Crossing $168,200
Lavon $162,500
Rowlett $156,000

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $85 Median sale price / sq ft
  • No data Listings with price cut
27.7%
Sold below listing
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Wylie Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,574 Wylie
    $1,459 Dallas-Fort Worth Metro
    $1,362 United States

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

  • 1.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,475 Rent list price
  • $0.77 Rent list price / sq ft
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