Home Values

08015 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

$147,100

  • 0.2% 1-year change
  • 0.3% 1-year forecast

The median home value in 08015 is $147,100. 08015 home values have gone up 0.2% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in 08015 is None. The median rent price in 08015 is $1,550, which is the same as the Browns Mills median of $1,550.

Foreclosures will be a factor impacting home values in the next several years. In 08015 1.8 homes are foreclosed (per 10,000). This is greater than the Browns Mills value of 1.5 and also lower than the national value of 3.5

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 08015 homeowners underwater on their mortgage is 35.4%, which is higher than Browns Mills at 33.9%.

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Relative ZHVI
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08015 Market Overview

Data through May 31, 2015
  • $147,100 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
    (May 31, 2016)
  • No data Median listing price
  • $155,000 Median sale price (Apr 30, 2015)
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08015 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 35.4% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

1.8 homes(Apr 30, 2015) 08015
1.5 homes(Apr 30, 2015) Browns Mills
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
08515 $388,500
08514 $365,300
08501 $360,500
Name Median ZHVI
08533 $299,400
08562 $269,200
08088 $240,100
Name Median ZHVI
08733 $176,800
08068 $154,400
08759 $130,600

Listings & Sales

  • No data
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08015 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,545 08015
    $1,515 Browns Mills
    $1,367 United States

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

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,550 Rent list price
  • $1.16 Rent list price / sq ft
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