Broome County 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

$102,700

  • -2.2% 1-year change
  • -0.2% 1-year forecast

The median home value in Broome County is $102,700. Broome County home values have declined -2.2% over the past year and Zillow predicts they will fall -0.2% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Broome County 1.4 homes are foreclosed (per 10,000). This is greater than the Binghamton Metro value of 1.2 and also lower than the national value of 3.6

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 Broome County is 5.7%, which is lower than the national value of 6.0%. 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 Broome County homeowners underwater on their mortgage is 16.1%, which is higher than Binghamton Metro at 15.1%.

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Relative ZHVI
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Broome County Market Overview

Data through Jul 31, 2015
  • $102,700 ZHVI
  • -0.2% 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
    (Jul 31, 2016)
  • No data Median listing price
  • $139,944 Median sale price
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Broome County Market Health

Data through Jul 31, 2015
  • 3.3/10 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.
  • 175 Average days on Zillow (Jun 30, 2015)
  • 16.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1 Broome County
1 Binghamton Metro
4 United States
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Cities in Broome County

Name Median ZHVI
Chenango $141,800
Dickinson $139,800
Barker $129,300
Name Median ZHVI
Fenton $127,400
Conklin $119,300
Kirkwood $108,600
Name Median ZHVI
Port Dickinson $107,000
Town of Binghamton $99,400
Johnson City $88,600

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $91 Median sale price / sq ft
  • No data Listings with price cut
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Broome County Rentals

Data through Jul 31, 2015
  • 1.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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