Home Values

10550 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

$275,200

  • 5.6% 1-year change
  • 0.6% 1-year forecast

The median home value in 10550 is $275,200. 10550 home values have gone up 5.6% over the past year and Zillow predicts they will rise 0.6% within the next year. The median price of homes currently listed in 10550 is $265,000 while the median price of homes that sold is $440,000. The median rent price in 10550 is $1,425, which is lower than the Mount Vernon median of $1,550.

Foreclosures will be a factor impacting home values in the next several years. In 10550 4.7 homes are foreclosed (per 10,000). This is greater than the Mount Vernon value of 2.5 and also greater 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 10550 is 27.3%, 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 10550 homeowners underwater on their mortgage is 37.1%, which is higher than Mount Vernon at 28.7%.

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Relative ZHVI
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10550 Market Overview

Data through Oct 31, 2014
  • $275,200 ZHVI
  • 0.6% 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
    (Oct 31, 2015)
  • $265,000 Median listing price
  • No recent data Median sale price
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10550 Market Health

Data through Oct 31, 2014
  • 0.4/10 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
  • 37.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 27.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.7 homes(Mar 31, 2014) 10550
2.5 homes(Aug 31, 2014) Mount Vernon
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
10803 $700,000
10708 $678,300
10801 $476,500
Name Median ZHVI
10552 $453,800
10704 $357,100
10469 $350,400
Name Median ZHVI
10466 $333,600
10467 $310,500
10553 $302,000

Listings & Sales

Data through Oct 31, 2014
  • $160 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.6% Listings with price cut
7.7%
Sold below listing
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10550 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,355 10550
    $2,730 Mount Vernon
    $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

  • 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)
  • $1,425 Rent list price
  • $1.64 Rent list price / sq ft
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