Home Values

18505 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

$85,700

  • 4.8% 1-year change
  • 1.8% 1-year forecast

The median home value in 18505 is $85,700. 18505 home values have gone up 4.8% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in 18505 is $54, which is lower than the Dunmore average of $88. The median price of homes currently listed in 18505 is $89,999 while the median price of homes that sold is $61,500. The median rent price in 18505 is $750, which is higher than the Dunmore median of $650.

Foreclosures will be a factor impacting home values in the next several years. In 18505 5.0 homes are foreclosed (per 10,000). This is greater than the Dunmore value of 1.6 and also greater than the national value of 4.5

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 18505 is 6.3%, which is lower 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 18505 homeowners underwater on their mortgage is 26.6%, which is higher than Dunmore at 23.6%.

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Relative ZHVI
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18505 Market Overview

Data through Oct 31, 2014
  • $85,700 ZHVI
  • 1.8% 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)
  • $89,999 Median listing price
  • No recent data Median sale price
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18505 Market Health

Data through Oct 31, 2014
  • 1.4/10 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.
  • No data Average days on Zillow
  • 26.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5 homes 18505
1.6 homes Dunmore
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
18507 $117,500
18518 $108,800
18509 $106,900
Name Median ZHVI
18510 $102,700
18512 $102,700
18517 $99,400
Name Median ZHVI
18519 $88,700
18504 $81,800
18508 $72,400

Listings & Sales

Data through Oct 31, 2014
  • $54 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 46.4% Listings with price cut
21.1%
Sold below listing
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18505 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,058 18505
    $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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $750 Rent list price
  • No data Rent list price / sq ft
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