Home Values

11727 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

$246,500

  • 0.6% 1-year change
  • -0.5% 1-year forecast

The median home value in 11727 is $246,500. 11727 home values have gone up 0.6% over the past year and Zillow predicts they will fall -0.5% within the next year. The median price of homes currently listed in 11727 is $249,990 while the median price of homes that sold is $242,000. The median rent price in 11727 is $1,885, which is lower than the Coram median of $1,900.

Foreclosures will be a factor impacting home values in the next several years. In 11727 4.8 homes are foreclosed (per 10,000). This is lower than the Coram value of 5.8 and also greater than the national value of 4.5

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 11727 is 22.5%, which is higher 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 11727 homeowners underwater on their mortgage is 22.8%, which is the same as Coram at 22.8%.

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Relative ZHVI
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11727 Market Overview

Data through Oct 31, 2014
  • $246,500 ZHVI
  • -0.5% 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
    (Oct 31, 2015)
  • $249,990 Median listing price
  • $242,000 Median sale price
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11727 Market Health

Data through Oct 31, 2014
  • 1.1/10 Less 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
  • 22.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 22.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.8 homes 11727
5.8 homes Coram
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
11766 $386,000
11764 $381,300
11742 $316,000
Name Median ZHVI
11776 $289,100
11720 $288,400
11738 $273,300
Name Median ZHVI
11784 $254,500
11763 $230,500
11953 $223,400

Listings & Sales

Data through Oct 31, 2014
  • $187 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.2% Listings with price cut
30.9%
Sold below listing
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11727 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,328 11727
    $2,335 Coram
    $1,337 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,885 Rent list price
  • $1.67 Rent list price / sq ft
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