Home Values

Hopatcong 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

$190,300

  • 0.5% 1-year change
  • -0.8% 1-year forecast

The median home value in Hopatcong is $190,300. Hopatcong home values have gone up 0.5% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in Hopatcong is None. The median rent price in Hopatcong is $1,495, 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 Hopatcong 1.5 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 2.2 and also lower 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 Hopatcong is 16.5%, 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 Hopatcong homeowners underwater on their mortgage is 32.9%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Hopatcong Market Overview

Data through Apr 30, 2015
  • $190,300 ZHVI
  • -0.8% 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 recent data Median sale price
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Hopatcong Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 32.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 16.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.5 homes(Nov 30, 2014) Hopatcong
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Succasunna $335,300
Mount Arlington $280,300
Budd Lake $272,200
Name Median ZHVI
Roxbury Township $262,400
Mine Hill $257,800
Wharton $256,200
Name Median ZHVI
Netcong $246,100
Byram Township $238,800
Stanhope $192,700

Listings & Sales

  • No data
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Hopatcong Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,688 Hopatcong
    $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)
  • $1,495 Rent list price (Mar 31, 2015)
  • $1.31 Rent list price / sq ft (Mar 31, 2015)
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