Shippan Home Prices & Values

$555,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.2% 1-year change
  • -0.4% 1-year forecast

The median home value in Shippan is $555,600. Shippan home values have gone up 0.2% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in Shippan is $366, which is higher than the Stamford average of $274. The median price of homes currently listed in Shippan is $850,000 while the median price of homes that sold is $565,000. The median rent price in Shippan is $2,400, which is higher than the Stamford median of $2,350.

Foreclosures will be a factor impacting home values in the next several years. In Shippan 9.6 homes are foreclosed (per 10,000). This is greater than the Stamford value of 0.4 and also greater than the national value of 4.3

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Relative ZHVI
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Shippan Market Overview

Data through Aug 31, 2014
  • $555,600 ZHVI
  • -0.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $850,000 Median listing price
  • No recent data Median sale price
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Shippan Market Health

Data through Aug 31, 2014
  • 4.3/10 Less healthy What's This?  
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    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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Riverside $1,405,500 Turn of River $496,400 Belltown $441,100
Waterside $399,500 Ridgeway $372,300 Cove - East Side $337,100
Glenbrook $289,700 West Side $277,500 Downtown Stamford $222,800

Listings & Sales

Data through Aug 31, 2014
  • $366 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.1% Listings with price cut
43.9%
Sold below listing
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Shippan Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,040 Shippan
$2,599 Stamford
$1,328 United States
  • 7.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $2,400 Rent list price
  • No data Rent list price / sq ft
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