Gallatin Home Prices & Values

No data Zillow Home Value Index

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

The median price of homes currently listed in Gallatin is $239,000. The median rent price in Gallatin is $2,200, which is higher than the Hudson Metro median of $1,475.

Foreclosures will be a factor impacting home values in the next several years. In Gallatin 26.7 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

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 Gallatin is 19.8%, 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 Gallatin homeowners underwater on their mortgage is 11.1%.

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Relative ZHVI
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Gallatin Market Overview

Data through Jul 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $239,000 Median listing price
  • No data Median sale price
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Gallatin Market Health

Data through Jul 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 19.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of Rhinebeck $288,100 Clinton $271,500 Milan $253,700
Town of Red Hook $252,100 North East $247,000 Stanford $228,200
Town of Pine Plains $194,300    

Listings & Sales

Data through Jul 31, 2014
  • $145 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.8% Listings with price cut
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Gallatin Rentals

Data through Jul 31, 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
$1,967 Gallatin
$1,924 Hudson Metro
$1,318 United States
  • No data Breakeven horizon
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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