Home Values

06483 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

$212,700

  • 2.0% 1-year change
  • 0.6% 1-year forecast

The median home value in 06483 is $212,700. 06483 home values have gone up 2.0% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in 06483 is $140, which is lower than the Seymour average of $140. The median price of homes currently listed in 06483 is $210,000 while the median price of homes that sold is $235,000. The median rent price in 06483 is $1,200, which is the same as the Seymour median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In 06483 3.1 homes are foreclosed (per 10,000). This is greater than the Seymour value of 3.0 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 06483 is 8.0%, 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 06483 homeowners underwater on their mortgage is 19.9%, which is the same as Seymour at 19.9%.

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Relative ZHVI
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06483 Market Overview

Data through Nov 30, 2014
  • $212,700 ZHVI
  • 0.6% 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)
  • $210,000 Median listing price
  • $235,000 Median sale price (Oct 31, 2014)
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06483 Market Health

Data through Nov 30, 2014
  • 1.1/10 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
  • 19.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

3.1 homes(Oct 31, 2014) 06483
3 homes(Oct 31, 2014) Seymour
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
06525 $394,200
06477 $341,800
06524 $326,700
Name Median ZHVI
06478 $325,400
06484 $292,600
06403 $228,500
Name Median ZHVI
06401 $177,600
06770 $167,100
06418 $162,500

Listings & Sales

Data through Nov 30, 2014
  • $140 Median list price / sq ft
  • $134 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
45.5%
Sold below listing
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06483 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,652 06483
    $1,687 Seymour
    $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

  • 3.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $1.09 Rent list price / sq ft
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