Conshohocken Home Prices & Values

$243,900 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

  • -2.8% 1-year change
  • 0.6% 1-year forecast

The median home value in Conshohocken is $243,900. Conshohocken home values have declined -2.8% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in Conshohocken is $195, which is higher than the Philadelphia Metro average of $134. The median price of homes currently listed in Conshohocken is $299,900 while the median price of homes that sold is $258,529. The median rent price in Conshohocken is $1,800, which is higher than the Philadelphia Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Conshohocken 1.5 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 3.3 and also lower than the national value of 4.3

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 Conshohocken is 3.4%, which is lower than the national value of 7.2%. 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 Conshohocken homeowners underwater on their mortgage is 16.6%, which is lower than Philadelphia Metro at 20.9%.

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Relative ZHVI
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Conshohocken Market Overview

Data through Jun 30, 2014
  • $243,900 ZHVI
  • 0.6% 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

    (Jun 30, 2015)
  • $299,900 Median listing price
  • $258,529 Median sale price (May 31, 2014)
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Conshohocken Market Health

Data through Jun 30, 2014
  • 1.8/10 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 of days on Zillow
  • 16.6% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 3.4% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

1.5 homes Conshohocken
3.3 homes Philadelphia Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Lower Merion Township $585,100 Bryn Mawr $494,100 Blue Bell $413,900
Whitemarsh Township $366,600 Plymouth Township $289,800 Plymouth Meeting $277,300
West Conshohocken $244,100 Bridgeport $156,400 Norristown $123,500

Listings & Sales

Data through Jun 30, 2014
  • $195 Median list price / sq ft
  • $194 Median sale price / sq ft (May 31, 2014)
  • 35.7% Listings with price cut
17.8%
Sold below listing
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Conshohocken Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,653 Conshohocken
$1,532 Philadelphia Metro
$1,310 United States
  • 3.0 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)
  • $1,800 Rent list price
  • No data Rent list price / sq ft
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