Home Values

Greenport 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

$412,900

  • -3.3% 1-year change
  • -1.1% 1-year forecast

The median home value in Greenport is $412,900. Greenport home values have declined -3.3% over the past year and Zillow predicts they will fall -1.1% within the next year. The median price of homes currently listed in Greenport is $569,000.

Foreclosures will be a factor impacting home values in the next several years. In Greenport 3.5 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 and also lower than the national value of 4.3

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 Greenport is 31.8%, 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 Greenport homeowners underwater on their mortgage is 7.7%, which is lower than New York Metro at 14.7%.

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Relative ZHVI
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Greenport Market Overview

Data through Aug 31, 2014
  • $412,900 ZHVI
  • -1.1% 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
    (Aug 31, 2015)
  • $569,000 Median listing price
  • No data Median sale price
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Greenport Market Health

Data through Aug 31, 2014
  • 2.0/10 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
  • 7.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 31.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes(Mar 31, 2014) Greenport
1.4 homes New York Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Sagaponack $5,034,600
Water Mill $2,614,000
East Hampton $2,435,000
Name Median ZHVI
North Haven $1,395,300
Orient $735,100
Cutchogue $608,800
Name Median ZHVI
East Marion $574,500
Southold $555,400
Mattituck $500,800

Listings & Sales

Data through Aug 31, 2014
  • $329 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.6% Listings with price cut
8.3%
Sold below listing
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Greenport Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $2,340 New York Metro
    $1,328 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
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