12120 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in 12120 is $169,000.

Foreclosures will be a factor impacting home values in the next several years. In 12120 277.8 homes are foreclosed (per 10,000). This is greater than the Albany Metro value of 2.0 and also greater than the national value of 4.8

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 12120 is 16.7%, which is higher than the national value of 7.2%. 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 12120 homeowners underwater on their mortgage is 8.8%, which is lower than Albany Metro at 12.5%.

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Relative ZHVI
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12120 Market Overview

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12120 Market Health

Data through May 31, 2014
  • No recent data
  • No data Average of days on Zillow
  • 8.8% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 16.7% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

277.8 homes(Dec 31, 2011) 12120
2 homes Albany Metro
4.8 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
12059 $171,900 12193 $156,000 12023 $155,800

Listings & Sales

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12120 Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,510 Albany Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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