Town of Monroe 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

$262,800

  • -1.1% 1-year change
  • -0.9% 1-year forecast

The median home value in Town of Monroe is $262,800. Town of Monroe home values have declined -1.1% over the past year and Zillow predicts they will fall -0.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Town of Monroe 2.1 homes are foreclosed (per 10,000). This is lower than the Poughkeepsie Metro value of 8.9 and also lower than the national value of 3.6

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 Monroe is 12.0%, which is higher than the national value of 6.0%. 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 Town of Monroe homeowners underwater on their mortgage is 27.0%, which is higher than Poughkeepsie Metro at 24.2%.

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Relative ZHVI
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Town of Monroe Market Overview

Data through Jul 31, 2015
  • $262,800 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
    (Jul 31, 2016)
  • No data Median listing price
  • $296,538 Median sale price (Jun 30, 2015)
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Town of Monroe Market Health

Data through Jul 31, 2015
  • 0.9/10 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
  • 27.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 12.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2 Town of Monroe
9 Poughkeepsie Metro
4 United States
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Nearby Cities

Name Median ZHVI
Tuxedo $331,900
Sloatsburg $265,600
Woodbury $251,800
Name Median ZHVI
Walton Park $230,900
Washingtonville $214,900
Town of Chester $212,600
Name Median ZHVI
South Blooming Grove $194,400
Greenwood Lake $187,300
Harriman $153,600

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $156 Median sale price / sq ft
  • No data Listings with price cut
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Town of Monroe Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $2,110 Town of Monroe
    $1,867 Poughkeepsie Metro
    $1,376 United States

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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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