Home Values

North East 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

$207,100

  • -1.0% 1-year change
  • -0.4% 1-year forecast

The median home value in North East is $207,100. North East home values have declined -1.0% over the past year and Zillow predicts they will fall -0.4% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In North East 10.3 homes are foreclosed (per 10,000). This is greater than the Philadelphia Metro value of 3.8 and also greater than the national value of 3.5

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 North East is 7.8%, which is higher than the national value of 6.0%. 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 North East homeowners underwater on their mortgage is 25.0%, which is higher than Philadelphia Metro at 17.6%.

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Relative ZHVI
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North East Market Overview

Data through May 31, 2015
  • $207,100 ZHVI
  • -0.4% 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
    (May 31, 2016)
  • No data Median listing price
  • $250,906 Median sale price (Apr 30, 2015)
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North East Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 25.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

10 North East
4 Philadelphia Metro
4 United States
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Nearby Cities

Name Median ZHVI
Elk Township $267,800
East Nottingham Township $248,000
Chesapeake City $223,100
Name Median ZHVI
Colora $216,400
Rising Sun $216,100
Port Deposit $212,800
Name Median ZHVI
Elkton $202,700
Perryville $193,000
Earleville $147,400

Listings & Sales

  • No data
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North East Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,420 North East
    $1,574 Philadelphia Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $0.79 Rent list price / sq ft
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