Home Values

Asbury Park 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Asbury Park is None. The median rent price in Asbury Park is $1,425, which is lower than the New York Metro median of $2,515.

Foreclosures will be a factor impacting home values in the next several years. In Asbury Park 3.4 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.0 and also lower than the national value of 3.5

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 Asbury Park is 13.0%, which is higher than the national value of 6.0%. 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 Asbury Park homeowners underwater on their mortgage is 10.4%, which is lower than New York Metro at 12.4%.

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Relative ZHVI
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Asbury Park Market Overview

  • No data
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Asbury Park Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 10.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 13.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3.4 homes(Apr 30, 2015) Asbury Park
2 homes New York Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Deal $1,862,600
Avon by the Sea $817,300
Bradley Beach $468,600
Name Median ZHVI
Ocean Township $430,000
Belmar $404,700
Ocean Grove $397,500
Name Median ZHVI
Oakhurst $332,300
Wanamassa $290,900
Neptune City $234,200

Listings & Sales

  • No data
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Asbury Park Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,958 Asbury Park
    $2,357 New York Metro
    $1,367 United States

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

  • No data Breakeven horizon
  • $1,425 Rent list price
  • $1.25 Rent list price / sq ft
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