Home Values

Center City West 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

$453,200

  • 4.2% 1-year change
  • 2.3% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in Center City West is $453,200. Center City West home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Center City West is $466, which is higher than the Philadelphia average of $112. The median price of homes currently listed in Center City West is $575,000 while the median price of homes that sold is $456,035. The median rent price in Center City West is $1,800, which is higher than the Philadelphia median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Center City West 0.5 homes are foreclosed (per 10,000). This is lower than the Philadelphia value of 9.8 and also lower than the national value of 4.2

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Relative ZHVI
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Center City West Market Overview

Data through Nov 30, 2014
  • $453,200 ZHVI
  • 2.3% 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
    (Nov 30, 2015)
  • $575,000 Median listing price
  • $456,035 Median sale price
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Center City West Market Health

Data through Nov 30, 2014
  • 6.5/10 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

0.5 homes(Oct 31, 2014) Center City West
9.8 homes Philadelphia
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Old City $400,600
Schuylkill Southwest $358,700
Center City East $325,400
Name Median ZHVI
Fairmount-Spring Garden $318,100
University City $317,800
Wharton-Hawthorne-Bella Vista $267,700
Name Median ZHVI
Poplar-Ludlow-Yorktowne $190,700
Point Breeze $99,000
Brewerytown $68,400

Listings & Sales

Data through Nov 30, 2014
  • $466 Median list price / sq ft
  • $379 Median sale price / sq ft
  • No data Listings with price cut
17.9%
Sold below listing
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Center City West Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,003 Center City West
    $1,174 Philadelphia
    $1,342 United States

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

  • 3.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,800 Rent list price
  • $2.26 Rent list price / sq ft
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