Cornwall Home Prices & Values

$282,100 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

  • -1.6% 1-year change
  • 2.6% 1-year forecast

The median home value in Cornwall is $282,100. Cornwall home values have declined -1.6% over the past year and Zillow predicts they will rise 2.6% within the next year. The median price of homes currently listed in Cornwall is $325,000. The median rent price in Cornwall is $1,600, which is higher than the Poughkeepsie Metro median of $1,500.

Foreclosures will be a factor impacting home values in the next several years. In Cornwall 6.1 homes are foreclosed (per 10,000). This is greater than the Poughkeepsie Metro value of 3.7 and also greater 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 Cornwall is 12.4%, 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 Cornwall homeowners underwater on their mortgage is 26.8%, which is higher than Poughkeepsie Metro at 26.6%.

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Relative ZHVI
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Cornwall Market Overview

Data through Aug 31, 2014
  • $282,100 ZHVI
  • 2.6% 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

    (Aug 31, 2015)
  • $325,000 Median listing price
  • No data Median sale price
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Cornwall Market Health

Data through Aug 31, 2014
  • 0.6/10 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
  • 26.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 12.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6.1 homes(Mar 31, 2014) Cornwall
3.7 homes Poughkeepsie Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Cold Spring $420,200 Woodbury $254,400 Cornwall on Hudson $246,600
Beaverdam Lake-Salisbury Mills $231,600 Highland Falls $210,500 Washingtonville $204,300
Town of New Windsor $199,400 Town of Newburgh $177,000 Vails Gate $161,600

Listings & Sales

Data through Aug 31, 2014
  • $159 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 46.2% Listings with price cut
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Cornwall Rentals

Data through Aug 31, 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
$2,132 Cornwall
$1,735 Poughkeepsie Metro
$1,328 United States
  • 4.7 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, 2014)
  • $1,600 Rent list price
  • $1.25 Rent list price / sq ft
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