Home Values

12051 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

$135,300

  • 1.3% 1-year change
  • None 1-year forecast

The median home value in 12051 is $135,300. 12051 home values have gone up 1.3% over the past year. The median price of homes currently listed in 12051 is $168,200.

Foreclosures will be a factor impacting home values in the next several years. In 12051 7.9 homes are foreclosed (per 10,000). This is greater than the Greene County value of 4.6 and also greater than the national value of 4.0

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 12051 is 10.3%, 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 12051 homeowners underwater on their mortgage is 14.5%, which is lower than Greene County at 15.2%.

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Relative ZHVI
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12051 Market Overview

Data through Sep 30, 2014
  • $135,300 ZHVI
  • No data 1-yr forecast
  • $168,200 Median listing price
  • No data Median sale price
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12051 Market Health

Data through Sep 30, 2014
  • 1.6/10 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
  • 14.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
12106 $206,900
12015 $196,800
12143 $156,600
Name Median ZHVI
12192 $149,200
12173 $148,100
12414 $141,700

Listings & Sales

Data through Sep 30, 2014
  • $107 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.1% Listings with price cut
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12051 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,644 12051
    $1,663 Greene County
    $1,335 United States

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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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