Home Values

Ephrata Township 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

$163,100

  • 2.6% 1-year change
  • 2.9% 1-year forecast

The median home value in Ephrata Township is $163,100. Ephrata Township home values have gone up 2.6% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Ephrata Township is None. The median rent price in Ephrata Township is $850, which is lower than the Lancaster Metro median of $895.

Foreclosures will be a factor impacting home values in the next several years. In Ephrata Township 2.2 homes are foreclosed (per 10,000). This is greater than the Lancaster Metro value of 2.1 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 Ephrata Township is 6.0%, which is lower 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 Ephrata Township homeowners underwater on their mortgage is 16.2%, which is higher than Lancaster Metro at 13.2%.

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Relative ZHVI
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Ephrata Township Market Overview

Data through Mar 31, 2015
  • $163,100 ZHVI
  • 2.9% 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
  • $159,385 Median sale price (Feb 28, 2015)
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Ephrata Township Market Health

Data through Mar 31, 2015
  • 7.7/10 Very 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
  • 16.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.2 homes Ephrata Township
2.1 homes Lancaster Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Rothsville $197,300
Clay Township $194,900
West Cocalico Township $181,200
Name Median ZHVI
East Cocalico Township $179,300
Leacock-Leola-Bareville $177,500
Reamstown $173,400
Name Median ZHVI
West Earl Township $173,300
Akron $162,500
Denver $150,600

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • $105 Median sale price / sq ft
  • No data Listings with price cut
20.1%
Sold below listing
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Ephrata Township Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,006 Ephrata Township
    $1,101 Lancaster 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

  • 4.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $850 Rent list price
  • $0.83 Rent list price / sq ft
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