Home Values

Chestnut Hill 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

$143,300

  • -0.6% 1-year change
  • None 1-year forecast

The median home value in Chestnut Hill Township is $143,300. Chestnut Hill Township home values have declined -0.6% over the past year. The median list price per square foot in Chestnut Hill Township is $93, which is higher than the East Stroudsburg Metro average of $86. The median price of homes currently listed in Chestnut Hill Township is $150,000 while the median price of homes that sold is $153,250. The median rent price in Chestnut Hill Township is $1,295, which is higher than the East Stroudsburg Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Chestnut Hill Township 7.6 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

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 Chestnut Hill Township is 16.9%, which is higher than the national value of 6.9%. 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 Chestnut Hill Township homeowners underwater on their mortgage is 33.6%.

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Relative ZHVI
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Chestnut Hill Township Market Overview

Data through Sep 30, 2014
  • $143,300 ZHVI
  • No data 1-yr forecast
  • $150,000 Median listing price
  • $153,250 Median sale price
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Chestnut Hill Township Market Health

Data through Sep 30, 2014
  • 0.2/10 Less 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
  • 33.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 16.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

7.6 homes Chestnut Hill Township
4 homes United States
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Nearby Cities

Name Median ZHVI
Pocono Pines $216,400
Jackson $163,500
Hamilton Township $160,800
Name Median ZHVI
Brodheadsville $154,300
Ross Township $152,500
Eldred Township $142,300
Name Median ZHVI
Pocono Township $138,500
Polk Township $118,300
Tunkhannock Township $108,900

Listings & Sales

Data through Sep 30, 2014
  • $93 Median list price / sq ft
  • $107 Median sale price / sq ft
  • 35.4% Listings with price cut
27.8%
Sold below listing
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Chestnut Hill Township Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,250 Chestnut Hill Township
    $1,208 East Stroudsburg Metro
    $1,335 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,295 Rent list price
  • No data Rent list price / sq ft
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