Home Values

Edgewater Park 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

$180,700

  • 10.7% 1-year change
  • 3.4% 1-year forecast

The median home value in Edgewater Park is $180,700. Edgewater Park home values have gone up 10.7% over the past year and Zillow predicts they will rise 3.4% within the next year. The median list price per square foot in Edgewater Park is $93, which is lower than the Philadelphia Metro average of $129. The median price of homes currently listed in Edgewater Park is $149,900 while the median price of homes that sold is $97,500. The median rent price in Edgewater Park is $1,120, which is lower than the Philadelphia Metro median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In Edgewater Park 3.3 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 4.3 and also lower than the national value of 4.2

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 Edgewater Park is 20.8%, which is higher than the national value of 6.4%. 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 Edgewater Park homeowners underwater on their mortgage is 26.5%, which is higher than Philadelphia Metro at 18.1%.

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Relative ZHVI
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Edgewater Park Market Overview

Data through Nov 30, 2014
  • $180,700 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
    (Nov 30, 2015)
  • $149,900 Median listing price
  • No recent data Median sale price
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Edgewater Park Market Health

Data through Nov 30, 2014
  • 2.7/10 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
  • 26.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 20.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.3 homes(Sep 30, 2013) Edgewater Park
4.3 homes Philadelphia Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Moorestown Township $665,900
Delran $230,700
Bensalem $228,300
Name Median ZHVI
Burlington Township $194,000
Delanco $180,600
Croydon $162,900
Name Median ZHVI
Riverside $147,500
Willingboro $142,500
Beverly $126,100

Listings & Sales

Data through Nov 30, 2014
  • $93 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
72.7%
Sold below listing
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Edgewater Park Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,563 Edgewater Park
    $1,544 Philadelphia Metro
    $1,342 United States

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

  • 1.7 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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