11001 Home Prices & Values

$492,700 Zillow Home Value Index What's This?  
Close

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

  • 3.7% 1-year change
  • 0.1% 1-year forecast

The median home value in 11001 is $492,700. 11001 home values have gone up 3.7% over the past year and Zillow predicts they will rise 0.1% within the next year. The median list price per square foot in 11001 is $339, which is higher than the Bellerose Terrace average of $302. The median price of homes currently listed in 11001 is $479,000 while the median price of homes that sold is $475,000. The median rent price in 11001 is $1,700, which is lower than the Bellerose Terrace median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In 11001 1.1 homes are foreclosed (per 10,000). This is lower than the Bellerose Terrace value of 32.7 and also lower than the national value of 4.4

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 11001 is 13.7%, which is higher 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 11001 homeowners underwater on their mortgage is 5.8%.

more
Relative ZHVI
- +

11001 Market Overview

Data through Jul 31, 2014
  • $492,700 ZHVI
  • 0.1% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $479,000 Median listing price
  • $475,000 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

11001 Market Health

Data through Jul 31, 2014
  • 6.4/10 Healthy What's This?  
    Close

    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
  • 5.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 13.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.1 homes 11001
32.7 homes(Aug 31, 2010) Bellerose Terrace
4.4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
11040 $536,100 11004 $534,800 11426 $486,800
11427 $459,500 11428 $398,900 11010 $394,200
11411 $371,400 11429 $362,900 11003 $327,700

Listings & Sales

Data through Jul 31, 2014
  • $339 Median list price / sq ft
  • $298 Median sale price / sq ft
  • 23.8% Listings with price cut
4.5%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

11001 Rentals

Data through Jul 31, 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
$2,550 11001
$2,495 Bellerose Terrace
$1,318 United States
  • 5.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,700 Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading