Home Values

Ridley Township 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

$153,800

  • -0.2% 1-year change
  • 0.2% 1-year forecast

The median home value in Ridley Township is $153,800. Ridley Township home values have declined -0.2% over the past year and Zillow predicts they will rise 0.2% within the next year. The median rent price in Ridley Township is $1,300, which is lower than the Philadelphia Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Ridley Township 2.5 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 3.8 and also lower than the national value of 3.5

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 Ridley Township is 5.8%, which is lower than the national value of 6.0%. 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 Ridley Township homeowners underwater on their mortgage is 21.2%, which is higher than Philadelphia Metro at 17.6%.

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Relative ZHVI
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Ridley Township Market Overview

Data through May 31, 2015
  • $153,800 ZHVI
  • 0.2% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Ridley Township Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 21.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3(Mar 31, 2015) Ridley Township
4 Philadelphia Metro
4 United States
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Nearby Cities

Name Median ZHVI
Swarthmore $221,900
Morton $179,300
Ridley Park $176,100
Name Median ZHVI
Folsom $160,100
Prospect Park $148,700
Woodlyn $143,300
Name Median ZHVI
Norwood $143,200
Glenolden $127,200
Eddystone $73,100

Listings & Sales

  • No data
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Ridley Township Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,417 Ridley Township
    $1,574 Philadelphia Metro
    $1,367 United States

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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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