Home Values

Crown Heights 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

$795,000

  • 27.4% 1-year change
  • 10.8% 1-year forecast

The median home value in Crown Heights is $795,000. Crown Heights home values have gone up 27.4% over the past year and Zillow predicts they will rise 10.8% within the next year. The median list price per square foot in Crown Heights is $674, which is higher than the New York average of $501. The median price of homes currently listed in Crown Heights is $685,000 while the median price of homes that sold is $508,077. The median rent price in Crown Heights is $2,299, which is lower than the New York median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Crown Heights 2.0 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also lower than the national value of 4.5

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Relative ZHVI
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Crown Heights Market Overview

Data through Oct 31, 2014
  • $795,000 ZHVI
  • 10.8% 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)
  • $685,000 Median listing price
  • $508,077 Median sale price
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Crown Heights Market Health

Data through Oct 31, 2014
  • 9.9/10 Very 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

2 homes(Aug 31, 2013) Crown Heights
0.4 homes New York
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Prospect Lefferts Gardens $1,224,800
Prospect Heights $858,700
Flatbush $853,300
Name Median ZHVI
Clinton Hill $813,000
Bedford Stuyvesant $712,700
Bushwick $580,300
Name Median ZHVI
Wingate $496,800
East Flatbush $383,600
Brownsville $308,600

Listings & Sales

Data through Oct 31, 2014
  • $674 Median list price / sq ft
  • $758 Median sale price / sq ft
  • 8.5% Listings with price cut
16.3%
Sold below listing
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Crown Heights Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,433 Crown Heights
    $2,189 New York
    $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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,299 Rent list price
  • $2.09 Rent list price / sq ft
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