Home Values

Chestnut Ridge 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

$393,300

  • 19.1% 1-year change
  • 3.5% 1-year forecast

The median home value in Chestnut Ridge is $393,300. Chestnut Ridge home values have gone up 19.1% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Chestnut Ridge is $254, which is higher than the New York Metro average of $252. The median price of homes currently listed in Chestnut Ridge is $447,000 while the median price of homes that sold is $424,100. The median rent price in Chestnut Ridge is $2,000.

Foreclosures will be a factor impacting home values in the next several years. In Chestnut Ridge 3.7 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 and also lower than the national value of 4.0

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Relative ZHVI
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Chestnut Ridge Market Overview

Data through Sep 30, 2014
  • $393,300 ZHVI
  • 3.5% 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
    (Sep 30, 2015)
  • $447,000 Median listing price
  • $424,100 Median sale price
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Chestnut Ridge Market Health

Data through Sep 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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3.7 homes(Jun 30, 2014) Chestnut Ridge
1.4 homes New York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Saddle River $1,759,400
Upper Saddle River $866,600
Woodcliff Lake $694,200
Name Median ZHVI
Montvale $541,100
Montebello $525,000
Park Ridge $475,700
Name Median ZHVI
Pearl River $395,600
Nanuet $337,100
Hillcrest $290,100

Listings & Sales

Data through Sep 30, 2014
  • $254 Median list price / sq ft
  • $241 Median sale price / sq ft
  • 40.9% Listings with price cut
16.9%
Sold below listing
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Chestnut Ridge Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,431 Chestnut Ridge
    $2,339 New York 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

  • 3.2 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 recent data Rent list price
  • No data Rent list price / sq ft
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