Home Values

Brick 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

$244,300

  • 4.5% 1-year change
  • 0.3% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cool

Buyers' Market
Sellers' Market

The median home value in Brick is $244,300. Brick home values have gone up 4.5% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in Brick is None. The median rent price in Brick is $1,600, which is lower than the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Brick 5.2 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.2 and also greater than the national value of 3.9

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 Brick is 16.3%, which is higher than the national value of 6.3%. 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 Brick homeowners underwater on their mortgage is 15.8%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Brick Market Overview

Data through Apr 30, 2015
  • $244,300 ZHVI
  • 0.3% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $212,750 Median sale price
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Brick Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 15.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 16.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5.2 homes Brick
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Mantoloking $2,496,800
Bay Head $990,500
Brielle $601,000
Name Median ZHVI
Manasquan $516,800
Point Pleasant Beach $486,200
Lavallette $453,100
Name Median ZHVI
Point Pleasant $314,700
Toms River $250,100
Lakewood Township $235,700

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $144 Median sale price / sq ft
  • No data Listings with price cut
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Brick Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,767 Brick
    $2,372 New York Metro
    $1,364 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,600 Rent list price
  • $1.25 Rent list price / sq ft
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