Home Values

Gerritsen Beach 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

$372,000

  • 0.2% 1-year change
  • -0.2% 1-year forecast

The median home value in Gerritsen Beach is $372,000. Gerritsen Beach home values have gone up 0.2% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in Gerritsen Beach is $278, which is lower than the New York average of $501. The median price of homes currently listed in Gerritsen Beach is $299,999 while the median price of homes that sold is $369,200.

Foreclosures will be a factor impacting home values in the next several years. In Gerritsen Beach 3.0 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 4.5

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Relative ZHVI
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Gerritsen Beach Market Overview

Data through Oct 31, 2014
  • $372,000 ZHVI
  • -0.2% 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
    (Oct 31, 2015)
  • $299,999 Median listing price
  • No recent data Median sale price
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Gerritsen Beach Market Health

Data through Oct 31, 2014
  • 1.2/10 Less 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 (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

3 homes(Jul 31, 2013) Gerritsen Beach
0.4 homes New York
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Mill Basin $964,000
Midwood $730,600
Bergen Beach $642,500
Name Median ZHVI
Brighton Beach $617,100
Homecrest $593,400
Sheepshead Bay $581,300
Name Median ZHVI
Marine Park $491,400
Georgetown $435,700
Flatlands $420,900

Listings & Sales

Data through Oct 31, 2014
  • $278 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.0% Listings with price cut
15.4%
Sold below listing
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Gerritsen Beach Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,030 Gerritsen Beach
    $2,189 New York
    $1,337 United States

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

  • 1.9 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 data Rent list price
  • No data Rent list price / sq ft
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