Home Values

Town of Orchard Park 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Town of Orchard Park is $126, which is higher than the Buffalo Metro average of $97. The median price of homes currently listed in Town of Orchard Park is $269,900 while the median price of homes that sold is $212,525. The median rent price in Town of Orchard Park is $835, which is lower than the Buffalo Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In Town of Orchard Park 0.8 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Orchard Park is 4.3%, which is lower 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 Orchard Park homeowners underwater on their mortgage is 6.2%.

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Relative ZHVI
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Town of Orchard Park Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $269,900 Median listing price
  • $212,525 Median sale price (Aug 31, 2014)
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Town of Orchard Park Market Health

Data through Sep 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 6.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.8 homes(Jul 31, 2014) Town of Orchard Park
4 homes United States
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Nearby Cities

Name Median ZHVI
Concord $139,700
 
 

Listings & Sales

Data through Sep 30, 2014
  • $126 Median list price / sq ft
  • $115 Median sale price / sq ft (Aug 31, 2014)
  • 51.7% Listings with price cut
23.2%
Sold below listing
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Town of Orchard Park Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,415 Town of Orchard Park
    $1,212 Buffalo Metro
    $1,335 United States

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

  • No data Breakeven horizon
  • $835 Rent list price
  • $0.95 Rent list price / sq ft
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