Home Values

Allegheny Township 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

$139,300

  • 9.9% 1-year change
  • 4.8% 1-year forecast

The median home value in Allegheny Township is $139,300. Allegheny Township home values have gone up 9.9% over the past year and Zillow predicts they will rise 4.8% within the next year. The median price of homes currently listed in Allegheny Township is $159,900 while the median price of homes that sold is $178,000.

Foreclosures will be a factor impacting home values in the next several years. In Allegheny Township 3.9 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 2.7 and also lower than the national value of 4.0

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 Allegheny Township is 6.5%, which is higher than the national value of 6.4%. 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 Allegheny Township homeowners underwater on their mortgage is 14.4%, which is higher than Pittsburgh Metro at 10.7%.

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Relative ZHVI
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Allegheny Township Market Overview

Data through Dec 31, 2014
  • $139,300 ZHVI
  • 4.8% 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
    (Dec 31, 2015)
  • $159,900 Median listing price
  • No recent data Median sale price
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Allegheny Township Market Health

Data through Dec 31, 2014
  • 7.4/10 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.
  • No data Average days on Zillow
  • 14.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.9 homes Allegheny Township
2.7 homes Pittsburgh Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Washington Township $150,200
Upper Burrell Township $140,100
Lower Burrell $121,800
Name Median ZHVI
West Leechburg $106,400
Harrison Township $90,200
Oklahoma $84,200
Name Median ZHVI
Brackenridge $63,900
Vandergrift $53,000
 

Listings & Sales

Data through Dec 31, 2014
  • $103 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.7% Listings with price cut
5.3%
Sold below listing
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Allegheny Township Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,091 Allegheny Township
    $1,115 Pittsburgh Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.4 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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