Home Values

Sandy Hook 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

$340,200

  • 1.1% 1-year change
  • 2.1% 1-year forecast

The median home value in Sandy Hook is $340,200. Sandy Hook home values have gone up 1.1% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Sandy Hook is $174, which is lower than the Stamford Metro average of $246. The median price of homes currently listed in Sandy Hook is $390,000 while the median price of homes that sold is $330,325. The median rent price in Sandy Hook is $1,650, which is lower than the Stamford Metro median of $2,025.

Foreclosures will be a factor impacting home values in the next several years. In Sandy Hook 2.9 homes are foreclosed (per 10,000). This is greater than the Stamford Metro value of 0.6 and also lower 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 Sandy Hook is 10.2%, 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 Sandy Hook homeowners underwater on their mortgage is 15.3%, which is lower than Stamford Metro at 16.1%.

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Relative ZHVI
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Sandy Hook Market Overview

Data through Feb 28, 2015
  • $340,200 ZHVI
  • 2.1% 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
    (Feb 29, 2016)
  • $390,000 Median listing price
  • No recent data Median sale price
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Sandy Hook Market Health

Data through Feb 28, 2015
  • 4.8/10 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
  • 15.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 10.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

2.9 homes(Dec 31, 2014) Sandy Hook
0.6 homes Stamford Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Easton $574,500
Roxbury $541,800
Newtown $356,800
Name Median ZHVI
Trumbull $349,000
Monroe $325,600
Oxford $315,500
Name Median ZHVI
Shelton $288,200
Town of Bethel $277,400
Southbury $257,700

Listings & Sales

Data through Feb 28, 2015
  • $174 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 14.4% Listings with price cut
52.5%
Sold below listing
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Sandy Hook Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,273 Sandy Hook
    $2,485 Stamford Metro
    $1,355 United States

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

  • 5.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,650 Rent list price (Jan 31, 2015)
  • $1.50 Rent list price / sq ft (Jan 31, 2015)
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