Home Values

Suffern 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 Suffern is $196, which is lower than the New York Metro average of $251. The median price of homes currently listed in Suffern is $269,609 while the median price of homes that sold is $422,500. The median rent price in Suffern is $1,600, 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 Suffern 5.8 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 4.2

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 Suffern is 14.5%, 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 Suffern homeowners underwater on their mortgage is 13.1%, which is lower than New York Metro at 13.6%.

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Relative ZHVI
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Suffern Market Overview

Data through Nov 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $269,609 Median listing price
  • No recent data Median sale price
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Suffern Market Health

Data through Nov 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 13.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 14.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

5.8 homes(Jun 30, 2014) Suffern
1.5 homes New York Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Saddle River $1,771,800
Upper Saddle River $880,600
Allendale $631,700
Name Median ZHVI
Montebello $521,300
Ramsey $511,200
Mahwah $426,600
Name Median ZHVI
Chestnut Ridge $399,100
Ramapo $395,000
Sloatsburg $277,400

Listings & Sales

Data through Nov 30, 2014
  • $196 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
7.1%
Sold below listing
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Suffern Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,161 Suffern
    $2,329 New York Metro
    $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

  • No data Breakeven horizon
  • $1,600 Rent list price
  • $1.64 Rent list price / sq ft
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