Home Values

Conestoga 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

$190,800

  • -2.1% 1-year change
  • 1.6% 1-year forecast

The median home value in Conestoga Township is $190,800. Conestoga Township home values have declined -2.1% over the past year and Zillow predicts they will rise 1.6% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Conestoga Township 14.5 homes are foreclosed (per 10,000). This is greater than the Lancaster Metro value of 5.0 and also greater than the national value of 3.9

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 Conestoga Township is 1.7%, which is lower than the national value of 6.3%. 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 Conestoga Township homeowners underwater on their mortgage is 10.3%, which is lower than Lancaster Metro at 13.2%.

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Relative ZHVI
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Conestoga Township Market Overview

Data through Apr 30, 2015
  • $190,800 ZHVI
  • 1.6% 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 data Median sale price
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Conestoga Township Market Health

Data through Apr 30, 2015
  • 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 10.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

14.5 homes(Dec 31, 2014) Conestoga Township
5 homes Lancaster Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
West Lampeter $219,900
Pequea Township $205,000
Martic $204,100
Name Median ZHVI
Providence Township $197,200
Willow Street $185,400
Manor Township $167,700
Name Median ZHVI
Millersville $154,200
Lower Chanceford Township $151,000
Lancaster Township $93,000

Listings & Sales

  • No data
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Conestoga Township Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,133 Conestoga Township
    $1,090 Lancaster Metro
    $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

  • 4.2 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 data Rent list price
  • No data Rent list price / sq ft
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