Home Values

Terryville 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

$149,500

  • -1.8% 1-year change
  • None 1-year forecast

The median home value in Terryville is $149,500. Terryville home values have declined -1.8% over the past year. The median list price per square foot in Terryville is $94, which is lower than the Torrington Metro average of $151. The median price of homes currently listed in Terryville is $149,000 while the median price of homes that sold is $220,000. The median rent price in Terryville is $925, which is lower than the Torrington Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Terryville 4.4 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 Terryville is 11.5%, 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 Terryville homeowners underwater on their mortgage is 27.1%.

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Relative ZHVI
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Terryville Market Overview

Data through Dec 31, 2014
  • $149,500 ZHVI
  • No data 1-yr forecast
  • $149,000 Median listing price
  • No recent data Median sale price
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Terryville Market Health

Data through Dec 31, 2014
  • 1.4/10 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
  • 27.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 11.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4.4 homes(Nov 30, 2014) Terryville
4 homes United States
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Nearby Cities

Name Median ZHVI
Burlington $310,400
Harwinton $307,800
Watertown $237,900
Name Median ZHVI
Wolcott $199,700
Oakville $174,200
Bristol $172,300
Name Median ZHVI
Plymouth $167,800
Thomaston $165,000
Waterbury $104,400

Listings & Sales

Data through Dec 31, 2014
  • $94 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.7% Listings with price cut
58.3%
Sold below listing
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Terryville Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,284 Terryville
    $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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $925 Rent list price
  • No data Rent list price / sq ft
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