Home Values

19608 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

$219,400

  • 4.1% 1-year change
  • 2.1% 1-year forecast

The median home value in 19608 is $219,400. 19608 home values have gone up 4.1% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in 19608 is $105, which is lower than the Lower Heidelberg Township average of $109. The median price of homes currently listed in 19608 is $234,900 while the median price of homes that sold is $195,650. The median rent price in 19608 is $1,250.

Foreclosures will be a factor impacting home values in the next several years. In 19608 6.1 homes are foreclosed (per 10,000). This is lower than the Lower Heidelberg Township value of 11.3 and also greater than the national value of 4.0

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 19608 is 4.6%, which is lower 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 19608 homeowners underwater on their mortgage is 12.1%.

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Relative ZHVI
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19608 Market Overview

Data through Jan 31, 2015
  • $219,400 ZHVI
  • 2.1% 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
    (Jan 31, 2016)
  • $234,900 Median listing price
  • $195,650 Median sale price (Dec 31, 2014)
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19608 Market Health

Data through Jan 31, 2015
  • 7.9/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 12.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6.1 homes(Dec 31, 2014) 19608
11.3 homes(Dec 31, 2014) Lower Heidelberg Township
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
19610 $214,600
19540 $207,900
17569 $196,400
Name Median ZHVI
19565 $177,700
19551 $175,800
19609 $154,000
Name Median ZHVI
19607 $145,500
19611 $102,800
19601 $63,200

Listings & Sales

Data through Jan 31, 2015
  • $105 Median list price / sq ft
  • $96 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
10.1%
Sold below listing
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19608 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,760 19608
    $1,997 Lower Heidelberg Township
    $1,350 United States

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

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,250 Rent list price
  • No recent data Rent list price / sq ft
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