Home Values

Sharon 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

$409,500

  • 8.0% 1-year change
  • None 1-year forecast

The median home value in Sharon is $409,500. Sharon home values have gone up 8.0% over the past year. The median price of homes currently listed in Sharon is $394,000. The median rent price in Sharon is $2,400, which is higher than the Torrington Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Sharon 10.1 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

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 Sharon is 16.7%, 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 Sharon homeowners underwater on their mortgage is 10.8%.

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Relative ZHVI
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Sharon Market Overview

Data through Dec 31, 2014
  • $409,500 ZHVI
  • No data 1-yr forecast
  • $394,000 Median listing price
  • No data Median sale price
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Sharon Market Health

Data through Dec 31, 2014
  • 3.6/10 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
  • 10.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 16.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Salisbury $482,800
New Preston $428,600
Warren $360,800
Name Median ZHVI
Kent $326,400
Goshen $322,600
North East $258,600
Name Median ZHVI
Town of Amenia $223,400
Town of Pine Plains $217,600
Dover $196,500

Listings & Sales

Data through Dec 31, 2014
  • $217 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 12.2% Listings with price cut
46.2%
Sold below listing
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Sharon Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,418 Sharon
    $1,550 Torrington Metro
    $1,345 United States

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

  • 3.4 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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