Home Values

15003 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

$73,500

  • 2.2% 1-year change
  • 2.0% 1-year forecast

The median home value in 15003 is $73,500. 15003 home values have gone up 2.2% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in 15003 is $52, which is higher than the Ambridge average of $39. The median price of homes currently listed in 15003 is $69,900 while the median price of homes that sold is $80,000. The median rent price in 15003 is $625, which is higher than the Ambridge median of $550.

Foreclosures will be a factor impacting home values in the next several years. In 15003 2.0 homes are foreclosed (per 10,000). This is lower than the Ambridge value of 4.5 and also lower than the national value of 4.2

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 15003 is 6.4%, 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 15003 homeowners underwater on their mortgage is 22.2%, which is the same as Ambridge at 22.2%.

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Relative ZHVI
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15003 Market Overview

Data through Nov 30, 2014
  • $73,500 ZHVI
  • 2.0% 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
    (Nov 30, 2015)
  • $69,900 Median listing price
  • No recent data Median sale price
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15003 Market Health

Data through Nov 30, 2014
  • 4.3/10 Less 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
  • 22.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2 homes(Sep 30, 2014) 15003
4.5 homes(Nov 30, 2011) Ambridge
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
15143 $295,500
15108 $170,200
15042 $151,000
Name Median ZHVI
15005 $136,300
15046 $133,600
15061 $129,100
Name Median ZHVI
15027 $122,600
15001 $121,600
15056 $92,400

Listings & Sales

Data through Nov 30, 2014
  • $52 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
18.3%
Sold below listing
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15003 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $849 15003
    $789 Ambridge
    $1,342 United States

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

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $625 Rent list price
  • No data Rent list price / sq ft
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