Home Values

Lower Macungie 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

$252,200

  • 4.4% 1-year change
  • 2.4% 1-year forecast

The median home value in Lower Macungie is $252,200. Lower Macungie home values have gone up 4.4% over the past year and Zillow predicts they will rise 2.4% within the next year. The median list price per square foot in Lower Macungie is $121, which is higher than the Allentown Metro average of $113. The median price of homes currently listed in Lower Macungie is $234,000 while the median price of homes that sold is $241,100. The median rent price in Lower Macungie is $1,500, which is higher than the Allentown Metro median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In Lower Macungie 1.5 homes are foreclosed (per 10,000). This is lower than the Allentown Metro value of 4.5 and also lower 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 Lower Macungie is 5.6%, 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 Lower Macungie homeowners underwater on their mortgage is 11.9%, which is lower than Allentown Metro at 19.2%.

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Relative ZHVI
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Lower Macungie Market Overview

Data through Dec 31, 2014
  • $252,200 ZHVI
  • 2.4% 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
    (Dec 31, 2015)
  • $234,000 Median listing price
  • $241,100 Median sale price
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Lower Macungie Market Health

Data through Dec 31, 2014
  • 4.4/10 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
  • 11.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.5 homes Lower Macungie
4.5 homes Allentown Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Ancient Oaks $292,500
Upper Macungie $271,200
Upper Milford Township $248,800
Name Median ZHVI
South Whitehall Township $209,900
Longswamp $183,300
Macungie $165,500
Name Median ZHVI
Emmaus $162,800
Alburtis $156,400
Allentown $101,600

Listings & Sales

Data through Dec 31, 2014
  • $121 Median list price / sq ft
  • $114 Median sale price / sq ft
  • 16.2% Listings with price cut
20.2%
Sold below listing
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Lower Macungie Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,806 Lower Macungie
    $1,425 Allentown Metro
    $1,345 United States

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

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,500 Rent list price
  • $0.89 Rent list price / sq ft
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