Home Values

Cornwall 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

$297,000

  • 3.3% 1-year change
  • 2.5% 1-year forecast

The median home value in Cornwall is $297,000. Cornwall home values have gone up 3.3% over the past year and Zillow predicts they will rise 2.5% within the next year. The median rent price in Cornwall is $1,250, which is lower than the Poughkeepsie Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Cornwall 10.1 homes are foreclosed (per 10,000). This is greater than the Poughkeepsie Metro value of 6.3 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 Cornwall is 17.8%, 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 Cornwall homeowners underwater on their mortgage is 20.4%, which is lower than Poughkeepsie Metro at 25.7%.

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Relative ZHVI
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Cornwall Market Overview

Data through Apr 30, 2015
  • $297,000 ZHVI
  • 2.5% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Cornwall Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 20.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 17.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

10.1 homes Cornwall
6.3 homes Poughkeepsie Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Cold Spring $366,500
Woodbury $251,800
Cornwall on Hudson $242,100
Name Median ZHVI
Beaverdam Lake-Salisbury Mills $227,000
Washingtonville $214,900
Town of New Windsor $194,300
Name Median ZHVI
Highland Falls $183,400
Town of Newburgh $171,200
Vails Gate $163,600

Listings & Sales

  • No data
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Cornwall Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,198 Cornwall
    $1,840 Poughkeepsie 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

  • 3.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,250 Rent list price
  • $1.25 Rent list price / sq ft
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