Home Values

Helmetta 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

$188,200

  • 1.5% 1-year change
  • -0.1% 1-year forecast

The median home value in Helmetta is $188,200. Helmetta home values have gone up 1.5% over the past year and Zillow predicts they will fall -0.1% within the next year. The median rent price in Helmetta is $1,500, which is lower than the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Helmetta 40.9 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.2 and also greater than the national value of 3.9

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 Helmetta is 10.1%, which is higher than the national value of 6.3%. 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 Helmetta homeowners underwater on their mortgage is 23.8%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Helmetta Market Overview

Data through Apr 30, 2015
  • $188,200 ZHVI
  • -0.1% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Helmetta Market Health

Data through Apr 30, 2015
  • 0.7/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 23.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 10.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

40.9 homes(Feb 28, 2015) Helmetta
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Monroe Township $379,400
South Brunswick $360,300
East Brunswick $320,900
Name Median ZHVI
Dayton $315,100
North Brunswick $259,400
Spotswood $254,800
Name Median ZHVI
South River $233,500
Jamesburg $229,100
Rossmoor $166,500

Listings & Sales

  • No data
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Helmetta Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,777 Helmetta
    $2,372 New York Metro
    $1,364 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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