Home Values

Torresdale 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

$174,100

  • -0.2% 1-year change
  • 0.9% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Neutral

Buyers' Market
Sellers' Market

The median home value in Torresdale is $174,100. Torresdale home values have declined -0.2% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in Torresdale is $139, which is higher than the Philadelphia average of $113. The median price of homes currently listed in Torresdale is $179,900 while the median price of homes that sold is $185,425. The median rent price in Torresdale is $1,100, which is lower than the Philadelphia median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In Torresdale 7.4 homes are foreclosed (per 10,000). This is lower than the Philadelphia value of 13.7 and also greater than the national value of 4.0

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Relative ZHVI
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Torresdale Market Overview

Data through Sep 30, 2014
  • $174,100 ZHVI
  • 0.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Sep 30, 2015)
  • $179,900 Median listing price
  • $185,425 Median sale price
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Torresdale Market Health

Data through Sep 30, 2014
  • 6.9/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

7.4 homes Torresdale
13.7 homes Philadelphia
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Somerton $210,300
Bustleton $199,800
Byberry $178,500
Name Median ZHVI
Fox Chase $175,800
Academy Gardens $172,100
Rhawnhurst $156,800
Name Median ZHVI
Mayfair $126,300
Holmesburg-Torresdale $114,400
Tacony $98,600

Listings & Sales

Data through Sep 30, 2014
  • $139 Median list price / sq ft
  • $135 Median sale price / sq ft
  • 60.6% Listings with price cut
13.1%
Sold below listing
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Torresdale Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,382 Torresdale
    $1,170 Philadelphia
    $1,335 United States

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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,100 Rent list price
  • $1.06 Rent list price / sq ft
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