Home Values

Cortlandt Manor 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

$321,700

  • 0.3% 1-year change
  • 0.4% 1-year forecast

The median home value in Cortlandt Manor is $321,700. Cortlandt Manor home values have gone up 0.3% over the past year and Zillow predicts they will rise 0.4% within the next year. The median list price per square foot in Cortlandt Manor is None. The median rent price in Cortlandt Manor is $3,000, which is higher than the New York Metro median of $2,495.

Foreclosures will be a factor impacting home values in the next several years. In Cortlandt Manor 1.3 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.2 and also lower than the national value of 3.0

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 Cortlandt Manor is 14.9%, 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 Cortlandt Manor homeowners underwater on their mortgage is 17.3%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Cortlandt Manor Market Overview

Data through Mar 31, 2015
  • $321,700 ZHVI
  • 0.4% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Cortlandt Manor Market Health

Data through Mar 31, 2015
  • 3.8/10 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
  • 17.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 14.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.3 homes Cortlandt Manor
1.2 homes New York Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Yorktown $476,800
Croton-on-Hudson $458,400
Crompond $402,600
Name Median ZHVI
Jefferson Valley-Yorktown $343,700
Shrub Oak $320,900
Buchanan $319,600
Name Median ZHVI
Lake Mohegan $289,300
Peekskill $251,300
Highland Falls $183,400

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
33.7%
Sold below listing
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Cortlandt Manor Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $2,358 Cortlandt Manor
    $2,355 New York Metro
    $1,362 United States

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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $3,000 Rent list price
  • No recent data Rent list price / sq ft
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