Home Values

11096 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

$348,000

  • 2.7% 1-year change
  • 1.2% 1-year forecast

The median home value in 11096 is $348,000. 11096 home values have gone up 2.7% over the past year and Zillow predicts they will rise 1.2% within the next year. The median price of homes currently listed in 11096 is $329,000. The median rent price in 11096 is $2,450, which is higher than the Inwood median of $1,500.

Foreclosures will be a factor impacting home values in the next several years. In 11096 202.4 homes are foreclosed (per 10,000). This is the same as the Inwood value of 202.4 and also greater than the national value of 4.0

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 11096 is 32.9%, 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 11096 homeowners underwater on their mortgage is 18.6%, which is the same as Inwood at 18.6%.

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Relative ZHVI
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11096 Market Overview

Data through Sep 30, 2014
  • $348,000 ZHVI
  • 1.2% 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
    (Sep 30, 2015)
  • $329,000 Median listing price
  • No data Median sale price
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11096 Market Health

Data through Sep 30, 2014
  • 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.
  • No data Average days on Zillow
  • 18.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 32.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
11559 $1,059,300
11509 $842,800
11598 $650,000
Name Median ZHVI
11516 $589,400
11581 $408,100
11413 $373,800
Name Median ZHVI
11422 $372,700
11691 $371,500
11692 $290,200

Listings & Sales

Data through Sep 30, 2014
  • $203 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.9% Listings with price cut
9.1%
Sold below listing
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11096 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,489 11096
    $2,488 Inwood
    $1,335 United States

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

  • 2.1 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 recent data Rent list price
  • No data Rent list price / sq ft
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