Home Values

06820 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

$1,403,800

  • 4.0% 1-year change
  • 3.4% 1-year forecast

The median home value in 06820 is $1,403,800. 06820 home values have gone up 4.0% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in 06820 is $557, which is higher than the Darien average of $556. The median price of homes currently listed in 06820 is $1,745,000 while the median price of homes that sold is $1,602,750. The median rent price in 06820 is $3,750, which is higher than the Darien median of $3,700.

Foreclosures will be a factor impacting home values in the next several years. In 06820 1.1 homes are foreclosed (per 10,000). This is greater than the Darien value of 0.8 and also lower than the national value of 3.9

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 06820 homeowners underwater on their mortgage is 2.2%, which is lower than Darien at 2.3%.

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Relative ZHVI
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06820 Market Overview

Data through Feb 28, 2015
  • $1,403,800 ZHVI
  • 3.4% 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
    (Feb 29, 2016)
  • $1,745,000 Median listing price
  • No recent data Median sale price
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06820 Market Health

Data through Feb 28, 2015
  • 8.9/10 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
  • 2.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.1 homes 06820
0.8 homes Darien
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
06853 $882,600
06905 $467,300
06907 $406,600
Name Median ZHVI
06906 $375,000
06850 $342,700
06902 $331,100
Name Median ZHVI
06854 $298,000
06901 $213,100
 

Listings & Sales

Data through Feb 28, 2015
  • $557 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.5% Listings with price cut
15.3%
Sold below listing
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06820 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $6,169 06820
    $6,114 Darien
    $1,355 United States

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

  • 5.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $3,750 Rent list price
  • $2.21 Rent list price / sq ft
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