Old Bridge Township 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

$321,600

  • -0.1% 1-year change
  • 0.2% 1-year forecast

The median home value in Old Bridge Township is $321,600. Old Bridge Township home values have declined -0.1% over the past year and Zillow predicts they will rise 0.2% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Old Bridge Township 2.1 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.9 and also lower than the national value of 3.6

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 Old Bridge Township is 13.9%, 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 Old Bridge Township homeowners underwater on their mortgage is 10.6%, which is lower than New York Metro at 12.4%.

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Relative ZHVI
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Old Bridge Township Market Overview

Data through Jul 31, 2015
  • $321,600 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
    (Jul 31, 2016)
  • No data Median listing price
  • $330,250 Median sale price
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Old Bridge Township Market Health

Data through Jul 31, 2015
  • 3.3/10 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
  • 10.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 13.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 Old Bridge Township
2 New York Metro
4 United States
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Nearby Cities

Name Median ZHVI
Morganville $442,900
Yorketown $397,900
Matawan $313,200
Name Median ZHVI
Spotswood $254,800
Madison Park $254,500
Sayreville $252,000
Name Median ZHVI
South River $233,500
Brownville $232,200
Laurence Harbor $192,300

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $184 Median sale price / sq ft
  • No data Listings with price cut
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Old Bridge Township Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,235 Old Bridge Township
    $2,361 New York Metro
    $1,376 United States

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

  • 3.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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