Home Values

15717 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

$102,700

  • 14.7% 1-year change
  • None 1-year forecast

The median home value in 15717 is $102,700. 15717 home values have gone up 14.7% over the past year. The median price of homes currently listed in 15717 is $109,900 while the median price of homes that sold is $73,000.

Foreclosures will be a factor impacting home values in the next several years. In 15717 3.1 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 2.7 and also lower 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 15717 is 3.8%, which is lower 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 15717 homeowners underwater on their mortgage is 14.9%, which is higher than Pittsburgh Metro at 10.6%.

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Relative ZHVI
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15717 Market Overview

Data through Sep 30, 2014
  • $102,700 ZHVI
  • No data 1-yr forecast
  • $109,900 Median listing price
  • No recent data Median sale price
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15717 Market Health

Data through Sep 30, 2014
  • 8.6/10 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
  • 14.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.1 homes 15717
2.7 homes Pittsburgh Metro
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
15944 $109,400
15748 $98,400
15627 $82,300
Name Median ZHVI
15923 $72,100
 
 

Listings & Sales

Data through Sep 30, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 44.4% Listings with price cut
8.3%
Sold below listing
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15717 Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,099 15717
    $1,147 Pittsburgh Metro
    $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

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