Home Values

Ardmore 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

$264,600

  • 0.1% 1-year change
  • 0.1% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Ardmore is $264,600. Ardmore home values have gone up 0.1% over the past year and Zillow predicts they will rise 0.1% within the next year. The median list price per square foot in Ardmore is $185, which is higher than the Philadelphia Metro average of $131. The median price of homes currently listed in Ardmore is $285,000 while the median price of homes that sold is $279,000. The median rent price in Ardmore is $1,700, which is higher than the Philadelphia Metro median of $1,365.

Foreclosures will be a factor impacting home values in the next several years. In Ardmore 2.0 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 4.7 and also lower than the national value of 4.3

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 Ardmore is 4.1%, which is lower than the national value of 6.9%. 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 Ardmore homeowners underwater on their mortgage is 14.3%, which is lower than Philadelphia Metro at 20.1%.

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Relative ZHVI
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Ardmore Market Overview

Data through Aug 31, 2014
  • $264,600 ZHVI
  • 0.1% 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
    (Aug 31, 2015)
  • $285,000 Median listing price
  • $279,000 Median sale price
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Ardmore Market Health

Data through Aug 31, 2014
  • 2.8/10 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
  • 14.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2 homes(Jun 30, 2014) Ardmore
4.7 homes Philadelphia Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Haverford $663,000 Lower Merion Township $587,300 Bryn Mawr $489,200
Narberth $392,100 Broomall $279,100 Havertown $272,300
Drexel Hill $167,700 Lansdowne $135,600 Upper Darby Township $96,500

Listings & Sales

Data through Aug 31, 2014
  • $185 Median list price / sq ft
  • $187 Median sale price / sq ft
  • 49.4% Listings with price cut
17.8%
Sold below listing
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Ardmore Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,811 Ardmore
    $1,551 Philadelphia Metro
    $1,328 United States

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

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,700 Rent list price
  • $1.27 Rent list price / sq ft
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