Home Values

Barker 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

$106,400

  • -19.4% 1-year change
  • -6.8% 1-year forecast

The median home value in Barker is $106,400. Barker home values have declined -19.4% over the past year and Zillow predicts they will fall -6.8% 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 72.5 homes are foreclosed (per 10,000). This is greater than the Binghamton Metro value of 2.6 and also greater than the national value of 4.5

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 Barker is 4.7%, 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 Barker homeowners underwater on their mortgage is 9.7%, which is lower than Binghamton Metro at 9.8%.

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Relative ZHVI
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Barker Market Overview

Data through Oct 31, 2014
  • $106,400 ZHVI
  • -6.8% 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
    (Oct 31, 2015)
  • No recent data Median listing price
  • No data Median sale price
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Barker Market Health

Data through Oct 31, 2014
  • 2.9/10 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
  • 9.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

72.5 homes(Oct 31, 2013) Barker
2.6 homes Binghamton Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Chenango $117,000
Maine $111,200
Dickinson $111,000
Name Median ZHVI
Town of Greene $109,300
Fenton $105,900
Port Dickinson $99,200
Name Median ZHVI
Town of Lisle $98,000
Town of Marathon $89,700
Johnson City $72,900

Listings & Sales

  • No data
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Barker Rentals

Data through Oct 31, 2014
  • 2.0 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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