Home Values

Town of Greece 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

$120,700

  • -0.2% 1-year change
  • 1.0% 1-year forecast

The median home value in Town of Greece is $120,700. Town of Greece home values have declined -0.2% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Town of Greece is $86, which is lower than the Rochester Metro average of $87. The median price of homes currently listed in Town of Greece is $120,000 while the median price of homes that sold is $102,640. The median rent price in Town of Greece is $810, which is lower than the Rochester Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Town of Greece 3.4 homes are foreclosed (per 10,000). This is lower than the Rochester Metro value of 3.7 and also lower than the national value of 3.9

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 Town of Greece is 11.1%, which is higher than the national value of 6.3%. 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 Town of Greece homeowners underwater on their mortgage is 7.0%, which is lower than Rochester Metro at 8.3%.

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Relative ZHVI
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Town of Greece Market Overview

Data through Feb 28, 2015
  • $120,700 ZHVI
  • 1.0% 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
    (Feb 29, 2016)
  • $120,000 Median listing price
  • $102,640 Median sale price
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Town of Greece Market Health

Data through Feb 28, 2015
  • 5.2/10 Stable
    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
  • 7.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 11.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.4 homes Town of Greece
3.7 homes Rochester Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Parma $141,400
Ogden $140,900
Chili $127,200
Name Median ZHVI
Spencerport $125,200
Hilton $115,700
Gates $109,600
Name Median ZHVI
Irondequoit $107,800
Gates-North Gates $102,200
Rochester $60,600

Listings & Sales

Data through Feb 28, 2015
  • $86 Median list price / sq ft
  • $78 Median sale price / sq ft
  • 16.0% Listings with price cut
16.9%
Sold below listing
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Town of Greece Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,332 Town of Greece
    $1,409 Rochester Metro
    $1,355 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $810 Rent list price
  • $0.94 Rent list price / sq ft
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