Home Values

Great Valley 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

$113,900

  • 4.0% 1-year change
  • None 1-year forecast

The median home value in Great Valley is $113,900. Great Valley home values have gone up 4.0% over the past year. The median price of homes currently listed in Great Valley is $176,347.

Foreclosures will be a factor impacting home values in the next several years. In Great Valley 10.9 homes are foreclosed (per 10,000). This is greater 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 Great Valley is 5.3%, which is lower 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 Great Valley homeowners underwater on their mortgage is 10.2%.

Read more
Relative ZHVI
- +

Great Valley Market Overview

Data through Sep 30, 2014
  • $113,900 ZHVI
  • No data 1-yr forecast
  • $176,347 Median listing price
  • No data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Great Valley Market Health

Data through Sep 30, 2014
  • 7.8/10 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
  • 10.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

10.9 homes(Aug 31, 2014) Great Valley
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Town of Ellicottville $210,800
Town of Allegany $107,200
Ashford $82,500
Name Median ZHVI
Town of Little Valley $62,500
Town of Olean $58,200
Town of Franklinville $55,600
Name Median ZHVI
Town of Salamanca $38,600
 
 

Listings & Sales

Data through Sep 30, 2014
  • $92 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.2% Listings with price cut
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Great Valley Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,529 Great Valley
    $1,425 Olean Metro
    $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

  • 1.0 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
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading