Home Values

Broad Brook 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

$211,800

  • -3.9% 1-year change
  • -1.1% 1-year forecast

The median home value in Broad Brook is $211,800. Broad Brook home values have declined -3.9% over the past year and Zillow predicts they will fall -1.1% within the next year. The median list price per square foot in Broad Brook is None. The median rent price in Broad Brook is $1,250, which is the same as the Hartford Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Broad Brook 3.8 homes are foreclosed (per 10,000). This is greater than the Hartford Metro value of 1.8 and also lower 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 Broad Brook is 4.9%, which is lower 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 Broad Brook homeowners underwater on their mortgage is 20.1%, which is higher than Hartford Metro at 19.4%.

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Relative ZHVI
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Broad Brook Market Overview

Data through Apr 30, 2015
  • $211,800 ZHVI
  • -1.1% 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
  • No recent data Median sale price
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Broad Brook Market Health

Data through Apr 30, 2015
  • 0.6/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 20.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.8 homes(Nov 30, 2014) Broad Brook
1.8 homes Hartford Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Somers $272,800
Ellington $238,200
South Windsor $231,500
Name Median ZHVI
Windsor $195,100
Vernon Rockville $175,600
Enfield $165,700
Name Median ZHVI
Manchester $161,600
Windsor Locks $160,400
East Windsor $158,100

Listings & Sales

  • No data
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Broad Brook Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,669 Broad Brook
    $1,666 Hartford 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

  • 3.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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