$575,000 House For Sale
3 bed, 3.0 bath, 1,902 sqft
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 4.3more
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.