Thursday, May 11, 2017

Home Value From Zillow

The median home value in 33431 is $350,500. 33431 home values have gone up 4.2% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in 33431 is $291, which is higher than the Boca Raton average of $198. The median price of homes currently listed in 33431 is $499,000. The median rent price in 33431 is $2,325, which is higher than the Boca Raton median of $2,050.

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 33431 is 0.0%, which is lower than the national value of 0.0%. 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 33431 homeowners underwater on their mortgage is 0.1%, which is lower than Boca Raton at 0.1%.

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