Hackettstown Home Prices & Values

$234,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.5% 1-year change
  • 3.1% 1-year forecast

The median home value in Hackettstown is $234,900. Hackettstown home values have gone up 3.5% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in Hackettstown is $155, which is higher than the Allentown Metro average of $114. The median price of homes currently listed in Hackettstown is $254,900 while the median price of homes that sold is $217,147. The median rent price in Hackettstown is $1,395, which is higher than the Allentown Metro median of $1,175.

Foreclosures will be a factor impacting home values in the next several years. In Hackettstown 2.2 homes are foreclosed (per 10,000). This is lower than the Allentown Metro value of 4.6 and also lower 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 Hackettstown is 10.5%, 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 Hackettstown homeowners underwater on their mortgage is 19.9%, which is lower than Allentown Metro at 20.4%.

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Relative ZHVI
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Hackettstown Market Overview

Data through Jul 31, 2014
  • $234,900 ZHVI
  • 3.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $254,900 Median listing price
  • No recent data Median sale price
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Hackettstown Market Health

Data through Jul 31, 2014
  • 2.1/10 Less healthy What's This?  
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    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
  • 19.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.2 homes(Aug 31, 2010) Hackettstown
4.6 homes Allentown Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Washington Township $441,700 Long Valley $358,500 Mt Olive Township $324,000
Green Township $291,500 Budd Lake $270,900 Beatyestown $231,600
Independence Township $229,800 Mansfield Township $228,500 Allamuchy-Panther Valley $226,200

Listings & Sales

Data through Jul 31, 2014
  • $155 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 64.0% Listings with price cut
28.9%
Sold below listing
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Hackettstown 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
$1,696 Hackettstown
$1,390 Allentown Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,395 Rent list price
  • No recent data Rent list price / sq ft
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