11368 Home Prices & Values

$413,000 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

  • 13.7% 1-year change
  • 2.6% 1-year forecast

The median home value in 11368 is $413,000. 11368 home values have gone up 13.7% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in 11368 is $416, which is lower than the New York average of $507. The median price of homes currently listed in 11368 is $268,000 while the median price of homes that sold is $139,000. The median rent price in 11368 is $1,525.

Foreclosures will be a factor impacting home values in the next several years. In 11368 2.1 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

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 11368 homeowners underwater on their mortgage is 16.5%, which is higher than New York at 11.4%.

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Relative ZHVI
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11368 Market Overview

Data through Jul 31, 2014
  • $413,000 ZHVI
  • 2.6% 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)
  • $268,000 Median listing price
  • $139,000 Median sale price (Jun 30, 2014)
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11368 Market Health

Data through Jul 31, 2014
  • 9.2/10 Very 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 of days on Zillow
  • 16.5% Homes with negative equity (18.8% US Avg) (Sep 30, 2013)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

2.1 homes 11368
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
11375 $743,400 11354 $590,000 11374 $570,500
11355 $567,100 11367 $551,400 11356 $511,300
11369 $495,200 11373 $463,200 11372 $433,500

Listings & Sales

Data through Jul 31, 2014
  • $416 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 12.2% Listings with price cut
9.8%
Sold below listing
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11368 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
$2,099 11368
$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)
  • $1,525 Rent list price
  • $2.14 Rent list price / sq ft
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