11357 Home Prices & Values

$700,300 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

  • 5.4% 1-year change
  • 1.4% 1-year forecast

The median home value in 11357 is $700,300. 11357 home values have gone up 5.4% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in 11357 is $446, which is lower than the New York average of $507. The median price of homes currently listed in 11357 is $409,900 while the median price of homes that sold is $526,450. The median rent price in 11357 is $2,000.

Foreclosures will be a factor impacting home values in the next several years. In 11357 0.6 homes are foreclosed (per 10,000). This is greater than the New York value of 0.3 and also lower than the national value of 4.4

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 11357 is 14.7%, 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 11357 homeowners underwater on their mortgage is 3.5%, which is lower than New York at 10.2%.

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Relative ZHVI
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11357 Market Overview

Data through Jul 31, 2014
  • $700,300 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

    (Jul 31, 2015)
  • $409,900 Median listing price
  • $526,450 Median sale price
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11357 Market Health

Data through Jul 31, 2014
  • 5.4/10 Stable 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
  • 3.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 14.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.6 homes(Jan 31, 2014) 11357
0.3 homes New York
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
11360 $668,800 11358 $665,600 11365 $656,600
11361 $653,600 11354 $590,000 11355 $567,100
11356 $511,300 10465 $395,300 10473 $335,300

Listings & Sales

Data through Jul 31, 2014
  • $446 Median list price / sq ft
  • $512 Median sale price / sq ft
  • 34.4% Listings with price cut
15.2%
Sold below listing
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11357 Rentals

Data through Jul 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
$2,171 11357
$2,178 New York
$1,318 United States
  • 6.0 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, 2013)
  • $2,000 Rent list price
  • No data Rent list price / sq ft
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