Home Values

08037 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

$170,700

  • -1.3% 1-year change
  • -2.7% 1-year forecast

The median home value in 08037 is $170,700. 08037 home values have declined -1.3% over the past year and Zillow predicts they will fall -2.7% within the next year. The median list price per square foot in 08037 is None. The median rent price in 08037 is $1,400, which is the same as the Philadelphia Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In 08037 2.2 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 4.1 and also lower than the national value of 3.9

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 08037 homeowners underwater on their mortgage is 18.9%, which is lower than Philadelphia Metro at 19.1%.

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Relative ZHVI
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08037 Market Overview

Data through Apr 30, 2015
  • $170,700 ZHVI
  • -2.7% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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08037 Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 18.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.2 homes 08037
4.1 homes Philadelphia Metro
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
08088 $240,100
08009 $187,600
08094 $176,200
Name Median ZHVI
08310 $166,400
08004 $163,900
08215 $160,400
Name Median ZHVI
08089 $158,600
08330 $151,600
08326 $143,300

Listings & Sales

  • No data
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08037 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,513 08037
    $1,567 Philadelphia Metro
    $1,364 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
    (Dec 31, 2014)
  • $1,400 Rent list price
  • $1.03 Rent list price / sq ft
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