Town of Greenwich Home Prices & Values

$142,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -2.8% 1-year change
  • 2.7% 1-year forecast

The median home value in Town of Greenwich is $142,200. Town of Greenwich home values have declined -2.8% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Town of Greenwich is $105, which is lower than the Glens Falls Metro average of $130. The median price of homes currently listed in Town of Greenwich is $157,500 while the median price of homes that sold is $135,205.

Foreclosures will be a factor impacting home values in the next several years. In Town of Greenwich 29.9 homes are foreclosed (per 10,000). This is greater than the Glens Falls Metro value of 1.4 and also greater than the national value of 4.4

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 Greenwich is 9.3%, which is higher than the national value of 6.9%. 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 Greenwich homeowners underwater on their mortgage is 15.2%, which is higher than Glens Falls Metro at 11.4%.

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Relative ZHVI
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Town of Greenwich Market Overview

Data through Jul 31, 2014
  • $142,200 ZHVI
  • 2.7% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $157,500 Median listing price
  • No recent data Median sale price
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Town of Greenwich Market Health

Data through Jul 31, 2014
  • 2.4/10 Less healthy What's This?  
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    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
  • 15.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

29.9 homes(Mar 31, 2014) Town of Greenwich
1.4 homes Glens Falls Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Saratoga $249,400 Easton $187,400 Northumberland $186,300
Jackson $147,600 Town of Cambridge $144,900 Town of Argyle $133,900
Town of Salem $121,000 Hudson Falls $109,500 Town of Fort Edward $97,500

Listings & Sales

Data through Jul 31, 2014
  • $105 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 37.5% Listings with price cut
54.5%
Sold below listing
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Town of Greenwich Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,722 Town of Greenwich
$1,727 Glens Falls Metro
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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