Home Values

Ozone Park 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

$407,100

  • 4.7% 1-year change
  • 1.9% 1-year forecast

The median home value in Ozone Park is $407,100. Ozone Park home values have gone up 4.7% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in Ozone Park is $309, which is lower than the New York average of $585. The median price of homes currently listed in Ozone Park is $409,000 while the median price of homes that sold is $415,000. The median rent price in Ozone Park is $1,800, which is lower than the New York median of $2,425.

Foreclosures will be a factor impacting home values in the next several years. In Ozone Park 1.7 homes are foreclosed (per 10,000). This is greater than the New York value of 0.4 and also lower than the national value of 3.9

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Relative ZHVI
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Ozone Park Market Overview

Data through Feb 28, 2015
  • $407,100 ZHVI
  • 1.9% 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
    (Feb 29, 2016)
  • $409,000 Median listing price
  • $415,000 Median sale price (Jan 31, 2015)
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Ozone Park Market Health

Data through Feb 28, 2015
  • 8.2/10 Very 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.7 homes Ozone Park
0.4 homes New York
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Forest Hills Gardens $1,730,300
Forest Hills $706,900
Howard Beach $541,400
Name Median ZHVI
Glendale $463,900
Kew Gardens $461,100
Richmond Hill $387,700
Name Median ZHVI
South Ozone Park $379,100
Woodhaven $374,400
East New York $314,100

Listings & Sales

Data through Feb 28, 2015
  • $309 Median list price / sq ft
  • $287 Median sale price / sq ft (Jan 31, 2015)
  • 4.6% Listings with price cut
15.8%
Sold below listing
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Ozone Park Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,938 Ozone Park
    $2,210 New York
    $1,355 United States

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

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,800 Rent list price
  • No data Rent list price / sq ft
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