Home Values

Floral park 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

$549,300

  • 7.1% 1-year change
  • 2.3% 1-year forecast

The median home value in Floral park is $549,300. Floral park home values have gone up 7.1% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Floral park is $405, which is lower than the New York average of $504. The median price of homes currently listed in Floral park is $560,000 while the median price of homes that sold is $497,647. The median rent price in Floral park is $1,825, which is lower than the New York median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Floral park 2.4 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 4.2

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Relative ZHVI
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Floral park Market Overview

Data through Nov 30, 2014
  • $549,300 ZHVI
  • 2.3% 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
    (Nov 30, 2015)
  • $560,000 Median listing price
  • $497,647 Median sale price
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Floral park Market Health

Data through Nov 30, 2014
  • 8.1/10 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.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

2.4 homes(Apr 30, 2012) Floral park
0.4 homes New York
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Lake Success $1,229,500
Thomaston $963,800
Douglaston-Little Neck $798,800
Name Median ZHVI
University Gardens $777,400
Oakland Gardens $763,300
Glen Oaks $579,000
Name Median ZHVI
Bellerose $494,900
Queens Village $403,800
Cambria Heights $383,500

Listings & Sales

Data through Nov 30, 2014
  • $405 Median list price / sq ft
  • $452 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
7.4%
Sold below listing
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Floral park Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,195 Floral park
    $2,196 New York
    $1,342 United States

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

  • 3.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,825 Rent list price
  • $2.23 Rent list price / sq ft
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