Elmhurst Home Prices & Values

$418,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.3% 1-year change
  • -1.1% 1-year forecast

The median home value in Elmhurst is $418,200. Elmhurst home values have gone up 2.3% over the past year and Zillow predicts they will fall -1.1% within the next year. The median list price per square foot in Elmhurst is $332, which is lower than the New York average of $453. The median price of homes currently listed in Elmhurst is $268,000 while the median price of homes that sold is $231,500. The median rent price in Elmhurst is $1,615, which is lower than the New York median of $2,800.

Foreclosures will be a factor impacting home values in the next several years. In Elmhurst 0.9 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also lower than the national value of 4.8

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Relative ZHVI
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Elmhurst Market Overview

Data through May 31, 2014
  • $418,200 ZHVI
  • -1.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $268,000 Median listing price
  • $231,500 Median sale price
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Elmhurst Market Health

Data through May 31, 2014
  • 7.3/10 Healthy What's This?  
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    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 of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

0.9 homes(Apr 30, 2014) Elmhurst
0.4 homes New York
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Forest Hills $706,900 Woodside $564,400 Rego Park $560,300
Middle Village $543,200 Maspeth $524,800 East Elmhurst $518,900
Jackson Heights $416,300 Corona $377,400 Astoria Heights $341,300

Listings & Sales

Data through May 31, 2014
  • $332 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 6.8% Listings with price cut
5.9%
Sold below listing
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Elmhurst Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,023 Elmhurst
$2,210 New York
$1,310 United States
  • 6.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,615 Rent list price
  • $2.38 Rent list price / sq ft
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