Home Values

11753 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

$751,800

  • 8.8% 1-year change
  • 2.5% 1-year forecast

The median home value in 11753 is $751,800. 11753 home values have gone up 8.8% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in 11753 is $378, which is lower than the Jericho average of $380. The median price of homes currently listed in 11753 is $798,000 while the median price of homes that sold is $777,647. The median rent price in 11753 is $3,900.

Foreclosures will be a factor impacting home values in the next several years. In 11753 1.6 homes are foreclosed (per 10,000). This is the same as the Jericho value of 1.6 and also lower than the national value of 4.3

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 11753 is 9.3%, 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 11753 homeowners underwater on their mortgage is 2.4%, which is the same as Jericho at 2.4%.

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Relative ZHVI
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11753 Market Overview

Data through Aug 31, 2014
  • $751,800 ZHVI
  • 2.5% 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
    (Aug 31, 2015)
  • $798,000 Median listing price
  • $777,647 Median sale price
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11753 Market Health

Data through Aug 31, 2014
  • 9.4/10 Very 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
  • 2.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
11568 $1,974,400
11545 $907,700
11791 $611,300
Name Median ZHVI
11732 $600,000
11803 $510,000
11714 $389,200
Name Median ZHVI
11590 $388,700
11801 $372,100
11756 $336,100

Listings & Sales

Data through Aug 31, 2014
  • $378 Median list price / sq ft
  • $364 Median sale price / sq ft
  • 48.2% Listings with price cut
5.3%
Sold below listing
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11753 Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $3,889 11753
    $3,848 Jericho
    $1,328 United States

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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $3,900 Rent list price
  • $2.00 Rent list price / sq ft
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