Home Values

Keansburg 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

$168,700

  • 10.1% 1-year change
  • 2.8% 1-year forecast

The median home value in Keansburg is $168,700. Keansburg home values have gone up 10.1% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Keansburg is $113, which is lower than the New York Metro average of $253. The median price of homes currently listed in Keansburg is $129,900 while the median price of homes that sold is $144,000.

Foreclosures will be a factor impacting home values in the next several years. In Keansburg 1.8 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.4 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 Keansburg is 31.2%, 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 Keansburg homeowners underwater on their mortgage is 28.3%, which is higher than New York Metro at 13.1%.

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Relative ZHVI
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Keansburg Market Overview

Data through Feb 28, 2015
  • $168,700 ZHVI
  • 2.8% 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
    (Feb 29, 2016)
  • $129,900 Median listing price
  • No recent data Median sale price
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Keansburg Market Health

Data through Feb 28, 2015
  • 2.4/10 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
  • 28.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 31.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.8 homes(Nov 30, 2014) Keansburg
1.4 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Holmdel $634,300
Middletown $379,600
Belford $293,000
Name Median ZHVI
Hazlet Township $292,900
Port Monmouth $277,000
Cliffwood $264,900
Name Median ZHVI
Keyport $241,700
Union Beach $206,000
Cliffwood Beach $200,300

Listings & Sales

Data through Feb 28, 2015
  • $113 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.9% Listings with price cut
27.8%
Sold below listing
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Keansburg Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,757 Keansburg
    $2,348 New York Metro
    $1,355 United States

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

  • 1.3 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
  • $1.40 Rent list price / sq ft
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