Home Values

11427 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

$475,100

  • 1.7% 1-year change
  • 0.3% 1-year forecast

The median home value in 11427 is $475,100. 11427 home values have gone up 1.7% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in 11427 is $368, which is lower than the New York average of $501. The median price of homes currently listed in 11427 is $379,000 while the median price of homes that sold is $407,692.

Foreclosures will be a factor impacting home values in the next several years. In 11427 1.8 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also lower 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 11427 is 16.5%, 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 11427 homeowners underwater on their mortgage is 7.1%, which is lower than New York at 10.2%.

Read more
Relative ZHVI
- +

11427 Market Overview

Data through Oct 31, 2014
  • $475,100 ZHVI
  • 0.3% 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)
  • $379,000 Median listing price
  • $407,692 Median sale price (Sep 30, 2014)
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

11427 Market Health

Data through Oct 31, 2014
  • 3.8/10 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
  • 7.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 16.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.8 homes(Sep 30, 2014) 11427
0.4 homes New York
4.5 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 Zip Codes

Name Median ZHVI
11362 $788,000
11364 $719,800
11004 $566,100
Name Median ZHVI
11426 $511,800
11423 $436,300
11428 $418,500
Name Median ZHVI
11411 $383,700
11429 $383,200
11412 $369,900

Listings & Sales

Data through Oct 31, 2014
  • $368 Median list price / sq ft
  • $304 Median sale price / sq ft (Sep 30, 2014)
  • 20.8% Listings with price cut
8.5%
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

11427 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,165 11427
    $2,189 New York
    $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

  • 3.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • $0.98 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