Conklin Home Prices & Values

$106,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -19.4% 1-year change
  • -5.2% 1-year forecast

The median home value in Conklin is $106,700. Conklin home values have declined -19.4% over the past year and Zillow predicts they will fall -5.2% within the next year. The median price of homes currently listed in Conklin is $109,000. The median rent price in Conklin is $760, which is higher than the Binghamton Metro median of $750.

Foreclosures will be a factor impacting home values in the next several years. In Conklin 10.5 homes are foreclosed (per 10,000). This is greater than the Binghamton Metro value of 3.2 and also greater than the national value of 4.4

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 Conklin is 6.8%, which is lower 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 Conklin homeowners underwater on their mortgage is 9.4%, which is lower than Binghamton Metro at 9.8%.

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Relative ZHVI
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Conklin Market Overview

Data through Jul 31, 2014
  • $106,700 ZHVI
  • -5.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $109,000 Median listing price
  • No data Median sale price
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Conklin Market Health

Data through Jul 31, 2014
  • 4.0/10 Less healthy What's This?  
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    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
  • 9.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

10.5 homes(Mar 31, 2013) Conklin
3.2 homes Binghamton Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Vestal $150,600 Chenango $141,800 Dickinson $139,800
Fenton $127,400 Town of Windsor $123,400 Kirkwood $108,600
Port Dickinson $107,000 Town of Binghamton $99,400 Johnson City $88,600

Listings & Sales

Data through Jul 31, 2014
  • $68 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.2% Listings with price cut
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Conklin Rentals

Data through Jul 31, 2014
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $760 Rent list price
  • $0.97 Rent list price / sq ft
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