Home Values

11225 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

$881,400

  • 14.6% 1-year change
  • 6.0% 1-year forecast

The median home value in 11225 is $881,400. 11225 home values have gone up 14.6% over the past year and Zillow predicts they will rise 6.0% within the next year. The median list price per square foot in 11225 is $526, which is higher than the New York average of $497. The median price of homes currently listed in 11225 is $895,000 while the median price of homes that sold is $375,180. The median rent price in 11225 is $1,900, which is lower than the New York median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In 11225 9.3 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also 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 11225 is 19.4%, 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 11225 homeowners underwater on their mortgage is 4.4%, which is lower than New York at 10.2%.

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Relative ZHVI
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11225 Market Overview

Data through Aug 31, 2014
  • $881,400 ZHVI
  • 6.0% 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
    (Aug 31, 2015)
  • $895,000 Median listing price
  • No recent data Median sale price
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11225 Market Health

Data through Aug 31, 2014
  • 7.8/10 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
  • 4.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 19.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

9.3 homes(Feb 28, 2009) 11225
0.4 homes New York
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI
11217 $1,026,200
11215 $981,200
11218 $770,600
Name Median ZHVI
11238 $768,100
11221 $716,100
11216 $695,300
Name Median ZHVI
11210 $610,600
11226 $600,700
11203 $381,100

Listings & Sales

Data through Aug 31, 2014
  • $526 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 7.8% Listings with price cut
9.6%
Sold below listing
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11225 Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $2,492 11225
    $2,174 New York
    $1,328 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)
  • $1,900 Rent list price
  • No data Rent list price / sq ft
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