Heritage Hills 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

$366,100

  • 3.0% 1-year change
  • 0.9% 1-year forecast

The median home value in Heritage Hills is $366,100. Heritage Hills home values have gone up 3.0% over the past year and Zillow predicts they will rise 0.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Heritage Hills 3.1 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.9 and also lower than the national value of 3.6

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 Heritage Hills is 5.8%, which is lower than the national value of 6.0%. 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 Heritage Hills homeowners underwater on their mortgage is 7.2%, which is lower than New York Metro at 12.4%.

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Relative ZHVI
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Heritage Hills Market Overview

Data through Jul 31, 2015
  • $366,100 ZHVI
  • 0.9% 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
    (Jul 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Heritage Hills Market Health

Data through Jul 31, 2015
  • 7.5/10 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
  • 7.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3(Mar 31, 2015) Heritage Hills
2 New York Metro
4 United States
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Nearby Cities

Name Median ZHVI
Somers Town $577,500
Goldens Bridge $525,200
North Salem $515,500
Name Median ZHVI
Lincolndale $387,300
Jefferson Valley-Yorktown $343,700
Shenorock $333,600
Name Median ZHVI
Carmel $314,500
Mahopac $308,700
Carmel Hamlet $289,300

Listings & Sales

  • No data
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Heritage Hills Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,738 Heritage Hills
    $2,361 New York Metro
    $1,376 United States

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

  • 3.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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