Home Values

East Meadow 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

$405,800

  • 2.2% 1-year change
  • 1.1% 1-year forecast

The median home value in East Meadow is $405,800. East Meadow home values have gone up 2.2% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in East Meadow is None. The median rent price in East Meadow is $2,100, which is lower than the New York Metro median of $2,495.

Foreclosures will be a factor impacting home values in the next several years. In East Meadow 0.9 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.2 and also lower than the national value of 3.0

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 East Meadow is 17.8%, which is higher than the national value of 6.3%. 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 East Meadow homeowners underwater on their mortgage is 6.6%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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East Meadow Market Overview

Data through Mar 31, 2015
  • $405,800 ZHVI
  • 1.1% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $404,000 Median sale price (Feb 28, 2015)
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East Meadow Market Health

Data through Mar 31, 2015
  • 6.4/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 6.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 17.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.9 homes East Meadow
1.2 homes New York Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
East Garden City $692,500
Salisbury $530,000
Bellmore $419,900
Name Median ZHVI
Hicksville $370,600
Westbury $365,100
Levittown $330,400
Name Median ZHVI
New Cassel $281,800
Uniondale $265,800
Roosevelt $254,400

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • $267 Median sale price / sq ft
  • No data Listings with price cut
18.3%
Sold below listing
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East Meadow Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $2,616 East Meadow
    $2,355 New York Metro
    $1,362 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)
  • $2,100 Rent list price
  • $2.81 Rent list price / sq ft
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