Home Values

Schodack 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

$197,500

  • 3.8% 1-year change
  • 1.6% 1-year forecast

The median home value in Schodack is $197,500. Schodack home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.6% within the next year. The median list price per square foot in Schodack is $137, which is higher than the Albany Metro average of $133. The median price of homes currently listed in Schodack is $220,000 while the median price of homes that sold is $185,405. The median rent price in Schodack is $1,335, which is higher than the Albany Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Schodack 2.8 homes are foreclosed (per 10,000). This is lower than the Albany Metro value of 3.3 and also lower than the national value of 4.2

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 Schodack 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 Schodack homeowners underwater on their mortgage is 10.7%, which is lower than Albany Metro at 13.7%.

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Relative ZHVI
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Schodack Market Overview

Data through Nov 30, 2014
  • $197,500 ZHVI
  • 1.6% 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
    (Nov 30, 2015)
  • $220,000 Median listing price
  • $185,405 Median sale price (Oct 31, 2014)
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Schodack Market Health

Data through Nov 30, 2014
  • 2.4/10 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
  • 10.7% 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)

2.8 homes(Jun 30, 2014) Schodack
3.3 homes Albany Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Town of Kinderhook $216,900
Town of East Greenbush $196,800
West Sand Lake $196,200
Name Median ZHVI
North Greenbush $193,700
Valatie $177,600
Town of Nassau $148,600
Name Median ZHVI
Ravena $146,300
Hampton Manor $143,200
Rensselaer $127,300

Listings & Sales

Data through Nov 30, 2014
  • $137 Median list price / sq ft
  • $128 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
22.2%
Sold below listing
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Schodack Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,503 Schodack
    $1,543 Albany Metro
    $1,342 United States

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

  • 5.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,335 Rent list price
  • $1.22 Rent list price / sq ft
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