Home Values

06351 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

$178,700

  • 5.7% 1-year change
  • 1.3% 1-year forecast

The median home value in 06351 is $178,700. 06351 home values have gone up 5.7% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in 06351 is $114, which is higher than the Jewett City average of $87. The median price of homes currently listed in 06351 is $169,900 while the median price of homes that sold is $189,900. The median rent price in 06351 is $1,000, which is higher than the Jewett City median of $950.

Foreclosures will be a factor impacting home values in the next several years. In 06351 2.6 homes are foreclosed (per 10,000). This is lower than the Jewett City value of 33.2 and also lower than the national value of 4.2

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 06351 is 8.6%, which is higher than the national value of 6.4%. 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 06351 homeowners underwater on their mortgage is 27.1%.

Read more
Relative ZHVI
- +

06351 Market Overview

Data through Nov 30, 2014
  • $178,700 ZHVI
  • 1.3% 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
    (Nov 30, 2015)
  • $169,900 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

06351 Market Health

Data through Nov 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
  • 27.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.6 homes(Oct 31, 2014) 06351
33.2 homes(Nov 30, 2010) Jewett City
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
06359 $224,000
06331 $210,800
06365 $206,000
Name Median ZHVI
06384 $205,700
06339 $201,300
06330 $192,600
Name Median ZHVI
06354 $149,400
06360 $146,100
06374 $143,900

Listings & Sales

Data through Nov 30, 2014
  • $114 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
65.0%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

06351 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,378 06351
    $1,194 Jewett City
    $1,342 United States

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

  • 4.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,000 Rent list price
  • $1.00 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading