Barker Home Prices & Values

$127,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -7.0% 1-year change
  • 0.5% 1-year forecast

The median home value in Barker is $127,000. Barker home values have declined -7.0% over the past year and Zillow predicts they will rise 0.5% within the next year. The median price of homes currently listed in Barker is $142,500.

Foreclosures will be a factor impacting home values in the next several years. In Barker 115.3 homes are foreclosed (per 10,000). This is greater than the Binghamton Metro value of 1.8 and also greater 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 Barker is 5.3%, which is lower than the national value of 7.2%. 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 Barker homeowners underwater on their mortgage is 8.5%, which is lower than Binghamton Metro at 9.7%.

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Relative ZHVI
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Barker Market Overview

Data through Jun 30, 2014
  • $127,000 ZHVI
  • 0.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • No recent data Median listing price
  • No data Median sale price
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Barker Market Health

Data through Jun 30, 2014
  • 3.5/10 Less healthy What's This?  
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    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 of days on Zillow
  • 8.5% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 5.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

115.3 homes(Mar 31, 2009) Barker
1.8 homes Binghamton Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Chenango $135,800 Maine $135,000 Dickinson $128,500
Town of Lisle $126,800 Fenton $122,600 Port Dickinson $107,500
Town of Greene $100,300 Johnson City $85,500 Town of Marathon $81,400

Listings & Sales

  • No Data
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Barker Rentals

Data through Jun 30, 2014
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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