06811 Home Prices & Values

$275,500 Zillow Home Value Index What's This?  
Close

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

  • -0.1% 1-year change
  • -0.6% 1-year forecast

The median home value in 06811 is $275,500. 06811 home values have declined -0.1% over the past year and Zillow predicts they will fall -0.6% within the next year. The median list price per square foot in 06811 is $176, which is higher than the Danbury average of $168. The median price of homes currently listed in 06811 is $295,000 while the median price of homes that sold is $300,250.

Foreclosures will be a factor impacting home values in the next several years. In 06811 5.8 homes are foreclosed (per 10,000). This is greater than the Danbury value of 4.9 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 06811 is 9.0%, 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 06811 homeowners underwater on their mortgage is 25.7%, which is lower than Danbury at 30.5%.

more
Relative ZHVI
- +

06811 Market Overview

Data through Aug 31, 2014
  • $275,500 ZHVI
  • -0.6% 1-yr forecast What's This?  
    Close

    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)
  • $295,000 Median listing price
  • $300,250 Median sale price (Jul 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

06811 Market Health

Data through Aug 31, 2014
  • 0.6/10 Less healthy What's This?  
    Close

    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
  • 25.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.8 homes 06811
4.9 homes Danbury
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
06877 $601,800 10560 $556,500 06896 $546,200
06804 $336,500 06812 $333,700 06801 $296,800
10509 $289,600 12563 $236,500 06810 $218,000

Listings & Sales

Data through Aug 31, 2014
  • $176 Median list price / sq ft
  • $173 Median sale price / sq ft (Jul 31, 2014)
  • 44.9% Listings with price cut
28.9%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

06811 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
$1,919 06811
$1,818 Danbury
$1,328 United States
  • 4.1 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • $1.40 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

 
 
 
Sign in with Google