Home Values

Town of New Paltz 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

$263,300

  • 6.8% 1-year change
  • 2.9% 1-year forecast

The median home value in Town of New Paltz is $263,300. Town of New Paltz home values have gone up 6.8% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Town of New Paltz is None. The median rent price in Town of New Paltz is $1,200, which is lower than the Kingston Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Town of New Paltz 4.0 homes are foreclosed (per 10,000). This is greater than the national value of 3.0

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 New Paltz is 8.7%, 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 New Paltz homeowners underwater on their mortgage is 11.2%.

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Relative ZHVI
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Town of New Paltz Market Overview

Data through Mar 31, 2015
  • $263,300 ZHVI
  • 2.9% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Town of New Paltz Market Health

Data through Mar 31, 2015
  • 7.9/10 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
  • 11.2% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4 homes(Feb 28, 2015) Town of New Paltz
3 homes United States
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Nearby Cities

Name Median ZHVI
Town of Gardiner $258,200
Marbletown $223,900
Lloyd $220,700
Name Median ZHVI
Stone Ridge $215,500
Milton $208,700
Town of Plattekill $200,700
Name Median ZHVI
Highland $181,400
Tillson $178,300
Wallkill $169,400

Listings & Sales

  • No data
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Town of New Paltz Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,662 Town of New Paltz
    $1,557 Kingston Metro
    $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

  • 6.3 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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