Marbletown Home Prices & Values

$227,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -3.3% 1-year change
  • -1.4% 1-year forecast

The median home value in Marbletown is $227,400. Marbletown home values have declined -3.3% over the past year and Zillow predicts they will fall -1.4% within the next year. The median list price per square foot in Marbletown is $175, which is higher than the Kingston Metro average of $141. The median price of homes currently listed in Marbletown is $319,900 while the median price of homes that sold is $340,000.

Foreclosures will be a factor impacting home values in the next several years. In Marbletown 5.8 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

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 Marbletown is 8.6%, 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 Marbletown homeowners underwater on their mortgage is 15.6%.

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Relative ZHVI
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Marbletown Market Overview

Data through Aug 31, 2014
  • $227,400 ZHVI
  • -1.4% 1-yr forecast What's This?  
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    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)
  • $319,900 Median listing price
  • No recent data Median sale price
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Marbletown Market Health

Data through Aug 31, 2014
  • 0.6/10 Less healthy What's This?  
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    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
  • 15.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of New Paltz $241,900 Olive $225,100 Stone Ridge $217,200
Shokan $201,300 Town of Rochester $186,400 Town of Hurley $180,900
Tillson $175,500 Kingston $144,300 Kerhonkson $119,600

Listings & Sales

Data through Aug 31, 2014
  • $175 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.9% Listings with price cut
27.3%
Sold below listing
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Marbletown Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,787 Marbletown
$1,624 Kingston Metro
$1,328 United States
  • 5.2 Breakeven horizon What's This?  
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    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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