Chenango 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

$86,900

  • 4.1% 1-year change
  • None 1-year forecast

The median home value in Chenango County is $86,900. Chenango County home values have gone up 4.1% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Chenango County 3.7 homes are foreclosed (per 10,000). This is greater than the New York value of 2.1 and also greater 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 Chenango County is 7.3%, which is higher 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 Chenango County homeowners underwater on their mortgage is 15.7%, which is higher than New York at 11.5%.

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Relative ZHVI
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Chenango County Market Overview

Data through Jul 31, 2015
  • $86,900 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $79,109 Median sale price
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Chenango County Market Health

Data through Jul 31, 2015
  • 5.1/10 Stable
    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
  • 15.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4 Chenango County
2 New York
4 United States
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Cities in Chenango County

Name Median ZHVI
Town of Greene $104,400
North Norwich $83,700
Guilford $79,400
Name Median ZHVI
Town of Bainbridge $78,300
Town of Sherburne $78,000
Town of Norwich $76,100
Name Median ZHVI
Town of New Berlin $75,800
Town of Oxford $74,600
 

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $57 Median sale price / sq ft
  • No data Listings with price cut
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Chenango County Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,404 Chenango County
    $1,969 New York
    $1,376 United States

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

  • 1.0 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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