Home Values

06854 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

$323,400

  • 2.3% 1-year change
  • -0.2% 1-year forecast

The median home value in 06854 is $323,400. 06854 home values have gone up 2.3% over the past year and Zillow predicts they will fall -0.2% within the next year. The median rent price in 06854 is $1,835, which is lower than the Norwalk median of $2,063.

Foreclosures will be a factor impacting home values in the next several years. In 06854 2.3 homes are foreclosed (per 10,000). This is greater than the Norwalk value of 2.0 and also lower than the national value of 3.5

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 06854 homeowners underwater on their mortgage is 17.6%, which is higher than Norwalk at 14.2%.

Read more
Relative ZHVI
- +

06854 Market Overview

Data through May 31, 2015
  • $323,400 ZHVI
  • -0.2% 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
  • No recent data Median sale price
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

06854 Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 17.6% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

2 06854
2 Norwalk
4 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
06820 $1,321,700
06840 $1,262,600
06880 $1,046,700
Name Median ZHVI
06853 $882,600
06907 $406,600
06906 $375,000
Name Median ZHVI
06855 $371,100
06851 $358,400
06850 $342,700

Listings & Sales

  • No data
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

06854 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,344 06854
    $2,494 Norwalk
    $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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,835 Rent list price
  • $1.88 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