Home Values

06804 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

$331,200

  • -4.1% 1-year change
  • 3.1% 1-year forecast

The median home value in 06804 is $331,200. 06804 home values have declined -4.1% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in 06804 is $186, which is higher than the Brookfield average of $185. The median price of homes currently listed in 06804 is $399,900 while the median price of homes that sold is $352,600.

Foreclosures will be a factor impacting home values in the next several years. In 06804 2.4 homes are foreclosed (per 10,000). This is the same as the Brookfield value of 2.4 and also lower than the national value of 3.9

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 06804 homeowners underwater on their mortgage is 13.6%, which is lower than Brookfield at 14.4%.

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Relative ZHVI
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06804 Market Overview

Data through Feb 28, 2015
  • $331,200 ZHVI
  • 3.1% 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
    (Feb 29, 2016)
  • $399,900 Median listing price
  • $352,600 Median sale price (Jan 31, 2015)
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06804 Market Health

Data through Feb 28, 2015
  • 3.6/10 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.
  • No data Average days on Zillow
  • 13.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.4 homes(Jan 31, 2015) 06804
2.4 homes(Jan 31, 2015) Brookfield
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
06783 $547,900
06752 $450,200
06784 $406,000
Name Median ZHVI
06470 $357,700
06812 $325,800
06801 $279,600
Name Median ZHVI
06811 $267,200
06776 $243,700
06810 $212,700

Listings & Sales

Data through Feb 28, 2015
  • $186 Median list price / sq ft
  • $178 Median sale price / sq ft (Jan 31, 2015)
  • 7.0% Listings with price cut
23.5%
Sold below listing
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06804 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,240 06804
    $2,249 Brookfield
    $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

  • 4.3 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 data Rent list price
  • $1.37 Rent list price / sq ft
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