Home Values

Caernarvon Township 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

$239,500

  • 2.2% 1-year change
  • 2.9% 1-year forecast

The median home value in Caernarvon Township is $239,500. Caernarvon Township home values have gone up 2.2% over the past year and Zillow predicts they will rise 2.9% within the next year. The median price of homes currently listed in Caernarvon Township is $269,000.

Foreclosures will be a factor impacting home values in the next several years. In Caernarvon Township 24.2 homes are foreclosed (per 10,000). This is greater than the Lancaster Metro value of 2.1 and also greater than the national value of 3.0

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 Caernarvon Township is 8.0%, 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 Caernarvon Township homeowners underwater on their mortgage is 7.6%, which is lower than Lancaster Metro at 13.2%.

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Relative ZHVI
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Caernarvon Township Market Overview

Data through Mar 31, 2015
  • $239,500 ZHVI
  • 2.9% 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
    (Mar 31, 2016)
  • No recent data Median listing price
  • No data Median sale price
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Caernarvon Township Market Health

Data through Mar 31, 2015
  • 8.6/10 Very 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
  • 7.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

24.2 homes(Apr 30, 2014) Caernarvon Township
2.1 homes Lancaster Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
West Nantmeal Township $279,200
Elverson $248,400
Salisbury Township $237,800
Name Median ZHVI
Honey Brook Township $234,300
Brecknock Township $232,400
Caernarvon Township $210,100
Name Median ZHVI
East Earl $207,200
Robeson $203,600
Brecknock Township $203,300

Listings & Sales

  • No data
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Caernarvon Township Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,111 Caernarvon Township
    $1,101 Lancaster Metro
    $1,362 United States

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

  • 5.6 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
  • No data Rent list price / sq ft
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