Home Values

Coram 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

$241,200

  • -4.4% 1-year change
  • -2.3% 1-year forecast

The median home value in Coram is $241,200. Coram home values have declined -4.4% over the past year and Zillow predicts they will fall -2.3% within the next year. The median rent price in Coram is $1,885, which is lower than the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Coram 5.7 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.2 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 Coram is 19.8%, which is higher 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 Coram homeowners underwater on their mortgage is 23.0%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Coram Market Overview

Data through Apr 30, 2015
  • $241,200 ZHVI
  • -2.3% 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
  • $217,850 Median sale price
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Coram Market Health

Data through Apr 30, 2015
  • 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 23.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 19.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

5.7 homes Coram
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Miller Place $375,400
Mount Sinai $373,700
Holtsville $319,700
Name Median ZHVI
Port Jefferson Station $294,900
Farmingville $291,300
Centereach $287,700
Name Median ZHVI
Selden $253,500
Medford $236,100
Middle Island $226,000

Listings & Sales

  • No data
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Coram Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,341 Coram
    $2,372 New York 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

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,885 Rent list price
  • $1.83 Rent list price / sq ft
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