Home Values

Absecon 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

$160,300

  • -8.2% 1-year change
  • -4.6% 1-year forecast

The median home value in Absecon is $160,300. Absecon home values have declined -8.2% over the past year and Zillow predicts they will fall -4.6% within the next year. The median list price per square foot in Absecon is None. The median rent price in Absecon is $1,550.

Foreclosures will be a factor impacting home values in the next several years. In Absecon 2.9 homes are foreclosed (per 10,000). This is lower than the Atlantic City Metro value of 4.3 and also lower than the national value of 3.9

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 Absecon is 16.2%, 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 Absecon homeowners underwater on their mortgage is 29.1%, which is higher than Atlantic City Metro at 26.6%.

Read more
Relative ZHVI
- +

Absecon Market Overview

Data through Apr 30, 2015
  • $160,300 ZHVI
  • -4.6% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Absecon Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 29.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 16.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.9 homes Absecon
4.3 homes Atlantic City Metro
3.9 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Margate City $421,300
Linwood $253,000
Ventnor City $249,500
Name Median ZHVI
Northfield $197,900
Pomona $185,600
Galloway $170,900
Name Median ZHVI
Port Republic $170,100
Atlantic City $136,400
Pleasantville $88,000

Listings & Sales

  • No data
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Absecon Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,540 Absecon
    $1,536 Atlantic City Metro
    $1,364 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
    (Dec 31, 2014)
  • $1,550 Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading