Home Values

14624 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

$122,600

  • 1.7% 1-year change
  • 1.3% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in 14624 is $122,600. 14624 home values have gone up 1.7% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in 14624 is $87, which is higher than the Gates-North Gates average of $83. The median price of homes currently listed in 14624 is $124,900 while the median price of homes that sold is $117,690. The median rent price in 14624 is $825, which is lower than the Gates-North Gates median of $1,030.

Foreclosures will be a factor impacting home values in the next several years. In 14624 2.0 homes are foreclosed (per 10,000). This is lower than the Gates-North Gates value of 4.4 and also lower than the national value of 4.0

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 14624 is 11.1%, 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 14624 homeowners underwater on their mortgage is 8.0%, which is lower than Gates-North Gates at 11.1%.

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Relative ZHVI
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14624 Market Overview

Data through Sep 30, 2014
  • $122,600 ZHVI
  • 1.3% 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
    (Sep 30, 2015)
  • $124,900 Median listing price
  • $117,690 Median sale price
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14624 Market Health

Data through Sep 30, 2014
  • 8.0/10 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
  • 8.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 11.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2 homes 14624
4.4 homes Gates-North Gates
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
14586 $158,400
14514 $155,700
14559 $142,600
Name Median ZHVI
14626 $128,700
14546 $122,100
14623 $115,200
Name Median ZHVI
14606 $94,000
14619 $64,200
14611 $47,400

Listings & Sales

Data through Sep 30, 2014
  • $87 Median list price / sq ft
  • $82 Median sale price / sq ft
  • 50.7% Listings with price cut
9.7%
Sold below listing
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14624 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,363 14624
    $1,256 Gates-North Gates
    $1,335 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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