Home Values

Avon by the Sea 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

$836,600

  • 0.5% 1-year change
  • 0.1% 1-year forecast

The median home value in Avon by the Sea is $836,600. Avon by the Sea home values have gone up 0.5% over the past year and Zillow predicts they will rise 0.1% within the next year. The median price of homes currently listed in Avon by the Sea is $1,149,000.

Foreclosures will be a factor impacting home values in the next several years. In Avon by the Sea 6.1 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 and also greater than the national value of 3.9

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 Avon by the Sea is 0.0%, which is lower than the national value of 6.3%. 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 Avon by the Sea homeowners underwater on their mortgage is 4.3%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Avon by the Sea Market Overview

Data through Feb 28, 2015
  • $836,600 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
    (Feb 29, 2016)
  • $1,149,000 Median listing price
  • No data Median sale price
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Avon by the Sea Market Health

Data through Feb 28, 2015
  • 9.1/10 Very 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
  • 4.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

6.1 homes(Jan 31, 2010) Avon by the Sea
1.4 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Spring Lake $1,579,400
Bradley Beach $468,600
Belmar $404,700
Name Median ZHVI
Ocean Grove $397,500
Lake Como $371,400
Shark River Hills $275,300
Name Median ZHVI
West Belmar $272,600
Neptune City $234,200
Asbury Park $185,400

Listings & Sales

Data through Feb 28, 2015
  • $644 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.0% Listings with price cut
9.1%
Sold below listing
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Avon by the Sea Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,348 New York Metro
    $1,355 United States

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

  • 2.3 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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