Bellefonte Home Prices & Values

$162,100 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

  • 5.1% 1-year change
  • -0.0% 1-year forecast

The median home value in Bellefonte is $162,100. Bellefonte home values have gone up 5.1% over the past year and Zillow predicts they will fall -0.0% within the next year. The median list price per square foot in Bellefonte is $94, which is lower than the State College Metro average of $134. The median price of homes currently listed in Bellefonte is $179,900 while the median price of homes that sold is $144,588.

Foreclosures will be a factor impacting home values in the next several years. In Bellefonte 5.6 homes are foreclosed (per 10,000). This is greater than the State College Metro value of 0.2 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 Bellefonte is 2.0%, 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 Bellefonte homeowners underwater on their mortgage is 8.9%, which is higher than State College Metro at 7.7%.

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Relative ZHVI
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Bellefonte Market Overview

Data through Jun 30, 2014
  • $162,100 ZHVI
  • -0.0% 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)
  • $179,900 Median listing price
  • No recent data Median sale price
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Bellefonte Market Health

Data through Jun 30, 2014
  • 8.8/10 Very 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
  • 8.9% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 2.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Patton Township $240,200 Potter Township $196,100 Zion $187,200
Benner Township $185,000 Spring Township $174,100 Pleasant Gap $155,700
Boggs Township $150,900 Philipsburg $116,400  

Listings & Sales

Data through Jun 30, 2014
  • $94 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.0% Listings with price cut
15.4%
Sold below listing
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Bellefonte Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,211 Bellefonte
$1,316 State College Metro
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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