Home Values

Lower Alloways Creek Township 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

$145,800

  • 4.0% 1-year change
  • 1.7% 1-year forecast

The median home value in Lower Alloways Creek Township is $145,800. Lower Alloways Creek Township home values have gone up 4.0% over the past year and Zillow predicts they will rise 1.7% within the next year. The median price of homes currently listed in Lower Alloways Creek Township is $209,900.

Foreclosures will be a factor impacting home values in the next several years. In Lower Alloways Creek Township 13.9 homes are foreclosed (per 10,000). This is greater than the Philadelphia Metro value of 4.7 and also greater than the national value of 4.3

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 Lower Alloways Creek Township homeowners underwater on their mortgage is 30.0%, which is higher than Philadelphia Metro at 20.1%.

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Relative ZHVI
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Lower Alloways Creek Township Market Overview

Data through Aug 31, 2014
  • $145,800 ZHVI
  • 1.7% 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)
  • $209,900 Median listing price
  • No data Median sale price
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Lower Alloways Creek Township Market Health

Data through Aug 31, 2014
  • 3.6/10 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
  • 30.0% Homes with negative equity (17.0% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

13.9 homes(Apr 30, 2006) Lower Alloways Creek Township
4.7 homes Philadelphia Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Woodstown $184,100
Smyrna $173,700
Quinton $149,600
Name Median ZHVI
Mannington $140,900
Delaware City $138,300
Elsinboro Township $136,400
Name Median ZHVI
Hopewell Township $135,500
Pennsville Township $129,900
Salem $69,200

Listings & Sales

Data through Aug 31, 2014
  • $81 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 50.0% Listings with price cut
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Lower Alloways Creek Township Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,551 Philadelphia Metro
    $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

  • 2.3 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
  • No data Rent list price / sq ft
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