Home Values

02769 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

$329,900

  • -0.7% 1-year change
  • -0.3% 1-year forecast

The median home value in 02769 is $329,900. 02769 home values have declined -0.7% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in 02769 is $191, which is higher than the Rehoboth average of $185. The median price of homes currently listed in 02769 is $419,900 while the median price of homes that sold is $364,235.

Foreclosures will be a factor impacting home values in the next several years. In 02769 1.8 homes are foreclosed (per 10,000). This is the same as the Rehoboth value of 1.8 and also lower than the national value of 4.5

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 02769 is 5.9%, 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 02769 homeowners underwater on their mortgage is 11.7%, which is the same as Rehoboth at 11.7%.

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Relative ZHVI
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02769 Market Overview

Data through Oct 31, 2014
  • $329,900 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
    (Oct 31, 2015)
  • $419,900 Median listing price
  • No recent data Median sale price
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02769 Market Health

Data through Oct 31, 2014
  • 3.3/10 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
  • 11.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.8 homes 02769
1.8 homes Rehoboth
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
02715 $275,400
02771 $275,200
02764 $257,300
Name Median ZHVI
02703 $241,800
02885 $241,000
02777 $236,400
Name Median ZHVI
02916 $207,200
02914 $170,800
02861 $153,500

Listings & Sales

Data through Oct 31, 2014
  • $191 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.7% Listings with price cut
11.1%
Sold below listing
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02769 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,882 02769
    $1,882 Rehoboth
    $1,337 United States

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

  • 3.1 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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