Home Values

Frankford 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

$251,800

  • 1.4% 1-year change
  • -0.8% 1-year forecast

The median home value in Frankford Township is $251,800. Frankford Township home values have gone up 1.4% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in Frankford Township is None.

Foreclosures will be a factor impacting home values in the next several years. In Frankford Township 3.0 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.2 and also lower than the national value of 3.9

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 Frankford Township is 6.7%, which is higher 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 Frankford Township homeowners underwater on their mortgage is 11.6%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Frankford Township Market Overview

Data through Apr 30, 2015
  • $251,800 ZHVI
  • -0.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Frankford Township Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 11.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3 homes(Apr 30, 2010) Frankford Township
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Sparta $369,300
Fredon $311,000
Lafayette $280,500
Name Median ZHVI
Andover Township $236,100
Stillwater $224,800
Sandyston $216,500
Name Median ZHVI
Hampton Township $214,700
Crandon Lakes $185,600
Newton $183,000

Listings & Sales

  • No data
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Frankford Township Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,814 Frankford Township
    $2,372 New York Metro
    $1,364 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
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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