Home Values

10506 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

$1,268,000

  • 28.3% 1-year change
  • 9.4% 1-year forecast

The median home value in 10506 is $1,268,000. 10506 home values have gone up 28.3% over the past year and Zillow predicts they will rise 9.4% within the next year. The median list price per square foot in 10506 is None.

Foreclosures will be a factor impacting home values in the next several years. In 10506 4.9 homes are foreclosed (per 10,000). This is greater than the Town of Bedford value of 1.2 and also greater than the national value of 3.0

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 10506 homeowners underwater on their mortgage is 3.5%, which is lower than Town of Bedford at 6.4%.

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Relative ZHVI
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10506 Market Overview

Data through Mar 31, 2015
  • $1,268,000 ZHVI
  • 9.4% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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10506 Market Health

Data through Mar 31, 2015
  • 8.6/10 Very 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 3.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
06831 $1,271,000
10504 $997,500
10576 $832,300
Name Median ZHVI
06903 $670,500
10536 $658,300
10549 $594,500
Name Median ZHVI
10518 $570,100
10507 $532,900
10526 $532,300

Listings & Sales

  • No data
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10506 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $5,421 10506
    $4,323 Town of Bedford
    $1,362 United States

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

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