Home Values

Essex County 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Essex County is $130, which is lower than the New York average of $178. The median price of homes currently listed in Essex County is $195,000 while the median price of homes that sold is $109,320.

Foreclosures will be a factor impacting home values in the next several years. In Essex County 1.0 homes are foreclosed (per 10,000). This is lower than the New York value of 1.7 and also 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 Essex County is 11.0%, which is higher than the national value of 6.9%. 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 Essex County homeowners underwater on their mortgage is 11.1%, which is lower than New York at 12.4%.

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Relative ZHVI
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Essex County Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $195,000 Median listing price
  • $109,320 Median sale price (Jul 31, 2014)
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Essex County Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 11.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1 home(Apr 30, 2014) Essex County
1.7 homes New York
4.3 homes United States
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Nearby Counties

Name Median ZHVI
Chittenden County $272,200
Saratoga County $235,400
Addison County $232,300
Name Median ZHVI
Franklin County $200,500
Warren County $189,500
Rutland County $147,700
Name Median ZHVI
Washington County $115,200
Clinton County $114,500
Franklin County $87,300

Listings & Sales

Data through Aug 31, 2014
  • $130 Median list price / sq ft
  • $85 Median sale price / sq ft (Jul 31, 2014)
  • 32.5% Listings with price cut
30.6%
Sold below listing
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Essex County Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,715 Essex County
    $1,901 New York
    $1,328 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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