Home Values

07722 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

$697,200

  • 0.0% 1-year change
  • -0.8% 1-year forecast

The median home value in 07722 is $697,200. 07722 home values have gone up 0.0% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in 07722 is None. The median rent price in 07722 is $3,895, which is higher than the Colts Neck median of $3,000.

Foreclosures will be a factor impacting home values in the next several years. In 07722 1.7 homes are foreclosed (per 10,000). This is the same as the Colts Neck value of 1.7 and also lower than the national value of 3.9

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 07722 homeowners underwater on their mortgage is 5.5%, which is higher than Colts Neck at 4.7%.

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Relative ZHVI
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07722 Market Overview

Data through Apr 30, 2015
  • $697,200 ZHVI
  • -0.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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07722 Market Health

Data through Apr 30, 2015
  • 7.2/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 5.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.7 homes(Mar 31, 2015) 07722
1.7 homes(Mar 31, 2015) Colts Neck
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
07733 $638,800
07738 $512,900
07751 $503,400
Name Median ZHVI
07746 $478,100
07702 $473,500
07727 $395,700
Name Median ZHVI
07701 $360,900
07724 $326,100
07753 $237,200

Listings & Sales

  • No data
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07722 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $3,652 07722
    $3,540 Colts Neck
    $1,364 United States

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

  • 4.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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