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

$764,600

  • 2.1% 1-year change
  • 0.1% 1-year forecast

The median home value in Port Washington is $764,600. Port Washington home values have gone up 2.1% over the past year and Zillow predicts they will rise 0.1% within the next year. The median list price per square foot in Port Washington is $443, which is higher than the New York Metro average of $252. The median price of homes currently listed in Port Washington is $730,000 while the median price of homes that sold is $830,765. The median rent price in Port Washington is $2,200.

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 1.4 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 8.7%, which is higher 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 Port Washington homeowners underwater on their mortgage is 3.0%, which is lower than New York Metro at 14.7%.

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Relative ZHVI
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Port Washington Market Overview

Data through Sep 30, 2014
  • $764,600 ZHVI
  • 0.1% 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
    (Sep 30, 2015)
  • $730,000 Median listing price
  • $830,765 Median sale price (Aug 31, 2014)
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Port Washington Market Health

Data through Sep 30, 2014
  • 5.2/10 Stable
    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
  • 3.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

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

Name Median ZHVI
Sands Point $2,135,200
Plandome $1,788,700
Flower Hill $1,356,100
Name Median ZHVI
Roslyn Estates $1,150,600
Manhasset $1,077,400
North Hills $1,038,300
Name Median ZHVI
Port Washington North $780,400
Sea Cliff $648,000
Manorhaven $536,700

Listings & Sales

Data through Sep 30, 2014
  • $443 Median list price / sq ft
  • $502 Median sale price / sq ft (Aug 31, 2014)
  • 46.3% Listings with price cut
11.7%
Sold below listing
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Port Washington Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $3,537 Port Washington
    $2,339 New York 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

  • 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)
  • $2,200 Rent list price
  • $1.55 Rent list price / sq ft (Aug 31, 2014)
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