Zillow Glendale AZ
The median residence worth in Glendale is $207, 500. Glendale home values went up 9.8per cent in the last year and Zillow predicts they are going to increase 3.7% over the following 12 months. The median record price per square foot in Glendale is $120, which is below the Phoenix Metro average of $144. The median price of domiciles currently placed in Glendale is $219, 900. The median rent cost in Glendale is $1, 150, that will be lower than the Phoenix Metro median of $1, 300.
Foreclosures is a factor impacting home values in the next several years. In Glendale 1.3 homes are foreclosed (per 10, 000). That is higher than the Phoenix Metro worth of 1.1 and below the national value of 1.4
Mortgage delinquency could be the first step within the foreclosure procedure. This is how a homeowner doesn't make a home loan repayment. The % of delinquent mortgages in Glendale is 0.0percent, that will be less than the national value of 0.0percent. With U.S. house values having dropped by a lot more than 20percent nationally from their top in 2007 until their trough in belated 2011, numerous residents are actually underwater on the mortgages, indicating they owe more than their property may be worth. The percent of Glendale homeowners underwater on the home loan is 0.1per cent, that is less than Phoenix Metro at 0.1percent.