Home Values

Pelham Manor 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

$754,000

  • -4.0% 1-year change
  • -2.3% 1-year forecast

The median home value in Pelham Manor is $754,000. Pelham Manor home values have declined -4.0% over the past year and Zillow predicts they will fall -2.3% within the next year. The median list price per square foot in Pelham Manor is None. The median rent price in Pelham Manor is $3,400, which is higher than the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Pelham Manor 6.5 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 2.2 and also greater than the national value of 3.9

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 Pelham Manor is 13.4%, which is higher than the national value of 6.3%. 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 Pelham Manor homeowners underwater on their mortgage is 5.5%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Pelham Manor Market Overview

Data through Apr 30, 2015
  • $754,000 ZHVI
  • -2.3% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Pelham Manor Market Health

Data through Apr 30, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 5.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 13.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

6.5 homes(Jul 31, 2010) Pelham Manor
2.2 homes New York Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Larchmont $1,041,600
Bronxville $790,000
Town of Mamaroneck $635,500
Name Median ZHVI
Eastchester $593,200
Pelham $581,200
New Rochelle $573,900
Name Median ZHVI
Tuckahoe $496,300
Yonkers $375,500
Mount Vernon $357,100

Listings & Sales

  • No data
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Pelham Manor Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $5,125 Pelham Manor
    $2,372 New York Metro
    $1,364 United States

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

  • 4.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $3,400 Rent list price
  • $2.14 Rent list price / sq ft
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