Home Values

Fallowfield 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

$102,700

  • 2.2% 1-year change
  • 1.5% 1-year forecast

The median home value in Fallowfield Township is $102,700. Fallowfield Township home values have gone up 2.2% over the past year and Zillow predicts they will rise 1.5% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Fallowfield Township 12.8 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 3.0 and also greater than the national value of 3.5

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 Fallowfield Township is 5.5%, which is lower than the national value of 6.0%. 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 Fallowfield Township homeowners underwater on their mortgage is 15.1%, which is higher than Pittsburgh Metro at 10.9%.

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Relative ZHVI
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Fallowfield Township Market Overview

Data through May 31, 2015
  • $102,700 ZHVI
  • 1.5% 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
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Fallowfield Township Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 15.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

12.8 homes(Feb 28, 2015) Fallowfield Township
3 homes Pittsburgh Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Baidland $125,400
Wickerham Manor-Fisher $122,800
Carroll Township $109,200
Name Median ZHVI
West Pike Run Township $101,200
New Eagle $78,500
Bentleyville $73,900
Name Median ZHVI
Monongahela $64,900
North Charleroi $52,700
Charleroi $47,000

Listings & Sales

  • No data
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Fallowfield Township Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,099 Pittsburgh Metro
    $1,367 United States

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

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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