Home Values

Zirconia 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

$202,800

  • 13.5% 1-year change
  • 3.1% 1-year forecast

The median home value in Zirconia is $202,800. Zirconia home values have gone up 13.5% over the past year and Zillow predicts they will rise 3.1% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Zirconia 10.5 homes are foreclosed (per 10,000). This is greater 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 Zirconia is 9.5%, which is higher 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 Zirconia homeowners underwater on their mortgage is 7.4%.

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Relative ZHVI
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Zirconia Market Overview

Data through Mar 31, 2015
  • $202,800 ZHVI
  • 3.1% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Zirconia Market Health

Data through Mar 31, 2015
  • 9.2/10 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
  • 7.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 9.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

10.5 homes(Jan 31, 2015) Zirconia
3 homes United States
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Nearby Cities

Name Median ZHVI
Laurel Park $221,400
Flat Rock $201,000
Etowah $174,400
Name Median ZHVI
Valley Hill $148,500
Hendersonville $141,700
Travelers Rest $133,000
Name Median ZHVI
Balfour $132,600
East Flat Rock $119,000
Marietta $106,100

Listings & Sales

  • No data
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Zirconia Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,234 Zirconia
    $1,199 Asheville 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

  • 3.1 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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