Home Values

New Rochelle 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

$614,000

  • 8.0% 1-year change
  • 0.9% 1-year forecast

The median home value in New Rochelle is $614,000. New Rochelle home values have gone up 8.0% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in New Rochelle is $200, which is lower than the New York Metro average of $251. The median price of homes currently listed in New Rochelle is $389,999 while the median price of homes that sold is $615,200. The median rent price in New Rochelle is $2,000, which is lower than the New York Metro median of $2,350.

Foreclosures will be a factor impacting home values in the next several years. In New Rochelle 1.5 homes are foreclosed (per 10,000). This is the same as the New York Metro value of 1.5 and also lower than the national value of 4.2

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 New Rochelle is 16.9%, which is higher 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 New Rochelle homeowners underwater on their mortgage is 8.0%, which is lower than New York Metro at 13.6%.

Read more
Relative ZHVI
- +

New Rochelle Market Overview

Data through Nov 30, 2014
  • $614,000 ZHVI
  • 0.9% 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
    (Nov 30, 2015)
  • $389,999 Median listing price
  • $615,200 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

New Rochelle Market Health

Data through Nov 30, 2014
  • 6.9/10 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
  • 8.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 16.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.5 homes New Rochelle
1.5 homes New York Metro
4.2 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
Scarsdale $1,340,200
Larchmont $1,020,300
Pelham Manor $786,000
Name Median ZHVI
Bronxville $690,100
Eastchester $620,700
Town of Mamaroneck $618,100
Name Median ZHVI
Pelham $559,500
Tuckahoe $539,700
Mount Vernon $378,800

Listings & Sales

Data through Nov 30, 2014
  • $200 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
15.4%
Sold below listing
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

New Rochelle Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $4,042 New Rochelle
    $2,329 New York Metro
    $1,342 United States

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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,000 Rent list price
  • $2.09 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