Home Values

Maplewood 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Maplewood is $243, which is lower than the New York Metro average of $251. The median price of homes currently listed in Maplewood is $439,000 while the median price of homes that sold is $572,250.

Foreclosures will be a factor impacting home values in the next several years. In Maplewood 0.7 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.5 and also lower than the national value of 4.5

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 Maplewood is 23.9%, which is higher than the national value of 6.9%. 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 Maplewood homeowners underwater on their mortgage is 11.4%, which is lower than New York Metro at 14.7%.

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Relative ZHVI
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Maplewood Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $439,000 Median listing price
  • $572,250 Median sale price (Sep 30, 2014)
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Maplewood Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 23.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.7 homes(Aug 31, 2014) Maplewood
1.5 homes New York Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Short Hills $1,293,700
Millburn $712,800
South Orange $535,200
Name Median ZHVI
West Orange $339,600
Kenilworth $321,500
Union $281,300
Name Median ZHVI
Hillside $206,100
Orange $178,800
Irvington $156,600

Listings & Sales

Data through Oct 31, 2014
  • $243 Median list price / sq ft
  • $275 Median sale price / sq ft (Sep 30, 2014)
  • 38.4% Listings with price cut
21.7%
Sold below listing
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Maplewood Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,457 Maplewood
    $2,343 New York Metro
    $1,337 United States

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

  • 3.5 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
  • $1.60 Rent list price / sq ft
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