14217 Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in 14217 is $79, which is lower than the Buffalo Metro average of $99. The median price of homes currently listed in 14217 is $119,900 while the median price of homes that sold is $114,529.

Foreclosures will be a factor impacting home values in the next several years. In 14217 2.1 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

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 14217 is 4.6%, which is lower than the national value of 7.2%. 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 14217 homeowners underwater on their mortgage is 11.1%.

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Relative ZHVI
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14217 Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $119,900 Median listing price
  • $114,529 Median sale price (May 31, 2014)
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14217 Market Health

Data through Jun 30, 2014
  • 8.3/10 Very healthy What's This?  
    Close

    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
  • 11.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 4.6% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.1 homes 14217
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
14216 $138,900 14214 $98,500 14213 $43,400

Listings & Sales

Data through Jun 30, 2014
  • $79 Median list price / sq ft
  • $81 Median sale price / sq ft (May 31, 2014)
  • 33.7% Listings with price cut
12.8%
Sold below listing
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14217 Rentals

Data through Jun 30, 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
$1,052 14217
$1,153 Buffalo Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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