Home Values

Port Washington 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

$754,600

  • -0.1% 1-year change
  • -0.3% 1-year forecast

The median home value in Port Washington is $754,600. Port Washington home values have declined -0.1% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in Port Washington is $410, which is higher than the New York Metro average of $254. The median price of homes currently listed in Port Washington is $749,000 while the median price of homes that sold is $669,250.

Foreclosures will be a factor impacting home values in the next several years. In Port Washington 1.3 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.5 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 Port Washington is 9.6%, which is higher than the national value of 6.4%. 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 Port Washington homeowners underwater on their mortgage is 2.3%, which is lower than New York Metro at 13.6%.

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Relative ZHVI
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Port Washington Market Overview

Data through Dec 31, 2014
  • $754,600 ZHVI
  • -0.3% 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
    (Dec 31, 2015)
  • $749,000 Median listing price
  • $669,250 Median sale price (Nov 30, 2014)
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Port Washington Market Health

Data through Dec 31, 2014
  • 2.7/10 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
  • 2.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.3 homes(Jun 30, 2014) Port Washington
1.5 homes New York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Sands Point $2,125,800
Plandome $1,778,800
Flower Hill $1,346,200
Name Median ZHVI
Roslyn Estates $1,142,700
Manhasset $1,061,200
North Hills $1,026,800
Name Median ZHVI
Port Washington North $761,400
Sea Cliff $644,500
Manorhaven $518,800

Listings & Sales

Data through Dec 31, 2014
  • $410 Median list price / sq ft
  • $408 Median sale price / sq ft (Nov 30, 2014)
  • 12.3% Listings with price cut
3.5%
Sold below listing
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Port Washington Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $3,490 Port Washington
    $2,340 New York Metro
    $1,345 United States

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

  • 3.8 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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