Home Values

Jermyn 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

$91,100

  • -9.0% 1-year change
  • -0.5% 1-year forecast

The median home value in Jermyn is $91,100. Jermyn home values have declined -9.0% over the past year and Zillow predicts they will fall -0.5% within the next year. The median price of homes currently listed in Jermyn is $129,000.

Foreclosures will be a factor impacting home values in the next several years. In Jermyn 19.9 homes are foreclosed (per 10,000). This is greater than the national value of 3.0

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 Jermyn is 5.4%, which is lower 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 Jermyn homeowners underwater on their mortgage is 26.4%.

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Relative ZHVI
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Jermyn Market Overview

Data through Mar 31, 2015
  • $91,100 ZHVI
  • -0.5% 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
    (Mar 31, 2016)
  • $129,000 Median listing price (Feb 28, 2015)
  • No data Median sale price
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Jermyn Market Health

Data through Mar 31, 2015
  • 2.1/10 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
  • 26.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Scott Township $148,400
Jefferson Township $146,500
Archbald $123,400
Name Median ZHVI
Olyphant $116,600
Blakely $114,500
Jessup $101,000
Name Median ZHVI
Fell Township $91,500
Mayfield $88,600
Carbondale Township $74,100

Listings & Sales

  • No data
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Jermyn Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $994 Scranton Metro
    $1,362 United States

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

  • 1.2 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 data Rent list price
  • No data Rent list price / sq ft
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