Home Values

Chestnut Hill 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

$501,800

  • 10.9% 1-year change
  • 4.8% 1-year forecast

The median home value in Chestnut Hill is $501,800. Chestnut Hill home values have gone up 10.9% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in Chestnut Hill is $217, which is higher than the Philadelphia average of $109. The median price of homes currently listed in Chestnut Hill is $430,000 while the median price of homes that sold is $473,750.

Foreclosures will be a factor impacting home values in the next several years. In Chestnut Hill 2.3 homes are foreclosed (per 10,000). This is lower than the Philadelphia value of 7.2 and also lower than the national value of 4.0

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Relative ZHVI
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Chestnut Hill Market Overview

Data through Dec 31, 2014
  • $501,800 ZHVI
  • 4.8% 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
    (Dec 31, 2015)
  • $430,000 Median listing price
  • $473,750 Median sale price (Nov 30, 2014)
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Chestnut Hill Market Health

Data through Dec 31, 2014
  • 7.9/10 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.
  • 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)

2.3 homes(Jul 31, 2014) Chestnut Hill
7.2 homes Philadelphia
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
West Mount Airy $295,500
Roxborough $216,400
East Falls $212,600
Name Median ZHVI
Manayunk $212,300
East Mount Airy $172,000
Cedarbrook $140,700
Name Median ZHVI
Germantown $129,400
West Oak Lane $117,400
East Germantown $80,000

Listings & Sales

Data through Dec 31, 2014
  • $217 Median list price / sq ft
  • $213 Median sale price / sq ft (Nov 30, 2014)
  • 23.7% Listings with price cut
8.6%
Sold below listing
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Chestnut Hill Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,835 Chestnut Hill
    $1,184 Philadelphia
    $1,345 United States

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

  • 3.9 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
  • $1.25 Rent list price / sq ft
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