Town of Ossining Home Prices & Values

$344,900 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

  • 8.1% 1-year change
  • 3.7% 1-year forecast

The median home value in Town of Ossining is $344,900. Town of Ossining home values have gone up 8.1% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in Town of Ossining is $214, which is lower than the New York Metro average of $264. The median price of homes currently listed in Town of Ossining is $339,000 while the median price of homes that sold is $293,088.

Foreclosures will be a factor impacting home values in the next several years. In Town of Ossining 2.2 homes are foreclosed (per 10,000). This is greater than the New York Metro value of 1.1 and also lower than the national value of 4.3

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 Ossining is 17.0%, which is higher than the national value of 7.2%. 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 Ossining homeowners underwater on their mortgage is 16.2%, which is higher than New York Metro at 15.7%.

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Relative ZHVI
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Town of Ossining Market Overview

Data through Jun 30, 2014
  • $344,900 ZHVI
  • 3.7% 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

    (Jun 30, 2015)
  • $339,000 Median listing price
  • No recent data Median sale price
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Town of Ossining Market Health

Data through Jun 30, 2014
  • 6.9/10 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 of days on Zillow
  • 16.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 17.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

2.2 homes(Apr 30, 2014) Town of Ossining
1.1 homes New York Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
New Castle $755,900 Mt Pleasant $689,100 Briarcliff Manor $679,800
Sleepy Hollow $609,500 Yorktown $507,100 Pleasantville $495,100
Croton-on-Hudson $477,800 Upper Nyack $457,100 Clarkstown $303,500

Listings & Sales

Data through Jun 30, 2014
  • $214 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 30.2% Listings with price cut
30.8%
Sold below listing
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Town of Ossining Rentals

Data through Jun 30, 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
$2,387 Town of Ossining
$2,300 New York Metro
$1,310 United States
  • 5.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $1.91 Rent list price / sq ft
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