Home Values

Luzerne 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

$71,700

  • 15.8% 1-year change
  • 3.3% 1-year forecast

The median home value in Luzerne Township is $71,700. Luzerne Township home values have gone up 15.8% over the past year and Zillow predicts they will rise 3.3% within the next year. The median price of homes currently listed in Luzerne Township is $66,500.

Foreclosures will be a factor impacting home values in the next several years. In Luzerne Township 233.1 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 2.7 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 Luzerne Township is 0.0%, 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 Luzerne Township homeowners underwater on their mortgage is 7.9%, which is lower than Pittsburgh Metro at 10.7%.

Read more
Relative ZHVI
- +

Luzerne Township Market Overview

Data through Dec 31, 2014
  • $71,700 ZHVI
  • 3.3% 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
    (Dec 31, 2015)
  • No recent data Median listing price
  • No 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

Luzerne Township Market Health

Data through Dec 31, 2014
  • 9.7/10 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.
  • No data Average days on Zillow
  • 7.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

233.1 homes(May 31, 2009) Luzerne Township
2.7 homes Pittsburgh Metro
4 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 Cities

Name Median ZHVI
Centerville $88,300
California $85,600
German Township $70,100
Name Median ZHVI
Redstone $62,800
East Bethlehem Township $55,000
Brownsville Township $53,500

Listings & Sales

  • No data
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

Luzerne Township Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $963 Luzerne Township
    $1,115 Pittsburgh 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

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data 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