Home Values

Bay Terrace 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

$395,200

  • 3.2% 1-year change
  • 0.9% 1-year forecast

The median home value in Bay Terrace is $395,200. Bay Terrace home values have gone up 3.2% over the past year and Zillow predicts they will rise 0.9% within the next year. The median price of homes currently listed in Bay Terrace is $449,000 while the median price of homes that sold is $422,500. The median rent price in Bay Terrace is $1,400, which is lower than the New York median of $2,425.

Foreclosures will be a factor impacting home values in the next several years. In Bay Terrace 4.0 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also greater than the national value of 3.9

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Relative ZHVI
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Bay Terrace Market Overview

Data through Feb 28, 2015
  • $395,200 ZHVI
  • 0.9% 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)
  • $449,000 Median listing price
  • No recent data Median sale price
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Bay Terrace Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4 homes(Jul 31, 2014) Bay Terrace
0.4 homes New York
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Lighthouse Hill $721,300
New Dorp $470,100
Richmond Town $433,800
Name Median ZHVI
Eltingville $420,300
Great Kills $412,200
Oakwood $399,600
Name Median ZHVI
Grant City $389,700
New Dorp Beach $331,700
Heartland Village $288,600

Listings & Sales

Data through Feb 28, 2015
  • $286 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.4% Listings with price cut
9.1%
Sold below listing
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Bay Terrace Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,159 Bay Terrace
    $2,210 New York
    $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

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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