Home Values

12062 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

$157,800

  • -11.3% 1-year change
  • -0.8% 1-year forecast

The median home value in 12062 is $157,800. 12062 home values have declined -11.3% over the past year and Zillow predicts they will fall -0.8% within the next year. The median price of homes currently listed in 12062 is $171,400.

Foreclosures will be a factor impacting home values in the next several years. In 12062 74.6 homes are foreclosed (per 10,000). This is lower than the East Nassau value of 111.1 and also greater 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 12062 homeowners underwater on their mortgage is 16.7%, which is lower than East Nassau at 22.4%.

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Relative ZHVI
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12062 Market Overview

Data through Feb 28, 2015
  • $157,800 ZHVI
  • -0.8% 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
    (Feb 29, 2016)
  • No recent data Median listing price
  • No data Median sale price
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12062 Market Health

Data through Feb 28, 2015
  • 3.3/10 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
  • 16.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
12184 $216,800
12061 $208,200
12196 $206,800
Name Median ZHVI
12018 $196,600
12140 $183,400
12123 $164,300
Name Median ZHVI
12168 $164,000
 
 

Listings & Sales

Data through Jan 31, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 18.2% Listings with price cut
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12062 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,411 12062
    $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

  • 2.8 Breakeven horizon
    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
  • No data Rent list price / sq ft
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