Home Values

Spring Valley 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Spring Valley is $203, which is lower than the New York Metro average of $256. The median price of homes currently listed in Spring Valley is $169,999 while the median price of homes that sold is $372,750. The median rent price in Spring Valley is $1,250, which is lower than the New York Metro median of $2,350.

Foreclosures will be a factor impacting home values in the next several years. In Spring Valley 6.7 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.5 and also 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 Spring Valley is 26.4%, 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 Spring Valley homeowners underwater on their mortgage is 19.5%, which is higher than New York Metro at 13.6%.

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Relative ZHVI
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Spring Valley Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $169,999 Median listing price
  • No recent data Median sale price
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Spring Valley Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 19.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 26.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

6.7 homes(Aug 31, 2014) Spring Valley
1.5 homes New York Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Upper Saddle River $879,600
Montvale $533,600
Montebello $527,100
Name Median ZHVI
Pomona $458,000
New City $431,500
Chestnut Ridge $407,700
Name Median ZHVI
Pearl River $405,700
Nanuet $340,600
Hillcrest $298,800

Listings & Sales

Data through Jan 31, 2015
  • $203 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
50.0%
Sold below listing
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Spring Valley Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,335 Spring Valley
    $2,331 New York Metro
    $1,350 United States

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

  • No data Breakeven horizon
  • $1,250 Rent list price
  • No recent data Rent list price / sq ft
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