Home Values

Town of Pittsford 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

$253,400

  • 2.1% 1-year change
  • 1.9% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in Town of Pittsford is $253,400. Town of Pittsford home values have gone up 2.1% over the past year and Zillow predicts they will rise 1.9% within the next year. The median list price per square foot in Town of Pittsford is $124, which is higher than the Rochester Metro average of $87. The median price of homes currently listed in Town of Pittsford is $259,900 while the median price of homes that sold is $243,900. The median rent price in Town of Pittsford is $1,559, which is higher than the Rochester Metro median of $850.

Foreclosures will be a factor impacting home values in the next several years. In Town of Pittsford 1.9 homes are foreclosed (per 10,000). This is lower than the Rochester Metro value of 2.9 and also 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 Pittsford is 2.8%, which is lower than the national value of 6.4%. 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 Pittsford homeowners underwater on their mortgage is 4.3%, which is lower than Rochester Metro at 7.7%.

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Relative ZHVI
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Town of Pittsford Market Overview

Data through Jan 31, 2015
  • $253,400 ZHVI
  • 1.9% 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
    (Jan 31, 2016)
  • $259,900 Median listing price
  • $243,900 Median sale price (Dec 31, 2014)
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Town of Pittsford Market Health

Data through Jan 31, 2015
  • 8.8/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 4.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.9 homes Town of Pittsford
2.9 homes Rochester Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Town of Victor $250,300
Mendon $234,900
Perinton $186,600
Name Median ZHVI
Penfield $180,500
Fairport $168,700
Brighton $166,200
Name Median ZHVI
Henrietta $130,200
East Rochester $90,800
Rochester $61,500

Listings & Sales

Data through Jan 31, 2015
  • $124 Median list price / sq ft
  • $128 Median sale price / sq ft (Dec 31, 2014)
  • No data Listings with price cut
17.4%
Sold below listing
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Town of Pittsford Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,952 Town of Pittsford
    $1,413 Rochester Metro
    $1,350 United States

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

  • 2.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,559 Rent list price (Dec 31, 2014)
  • $1.28 Rent list price / sq ft (Dec 31, 2014)
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