Home Values

Town of Remsen 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

$112,900

  • 19.3% 1-year change
  • 1.6% 1-year forecast

The median home value in Town of Remsen is $112,900. Town of Remsen home values have gone up 19.3% over the past year and Zillow predicts they will rise 1.6% within the next year. The median price of homes currently listed in Town of Remsen is $125,000.

Foreclosures will be a factor impacting home values in the next several years. In Town of Remsen 21.6 homes are foreclosed (per 10,000). This is greater than the Utica Metro value of 2.6 and also greater 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 Remsen is 10.3%, which is higher 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 Remsen homeowners underwater on their mortgage is 8.9%, which is lower than Utica Metro at 14.0%.

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Relative ZHVI
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Town of Remsen Market Overview

Data through Dec 31, 2014
  • $112,900 ZHVI
  • 1.6% 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
    (Dec 31, 2015)
  • $125,000 Median listing price
  • No data Median sale price
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Town of Remsen Market Health

Data through Dec 31, 2014
  • 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.
  • No data Average days on Zillow
  • 8.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

21.6 homes(Nov 30, 2005) Town of Remsen
2.6 homes Utica Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Forestport $145,100
Marcy $143,000
Trenton $142,300
Name Median ZHVI
Western $131,800
Deerfield $127,900
Floyd $121,700
Name Median ZHVI
Town of Boonville $113,000
 
 

Listings & Sales

Data through Dec 31, 2014
  • $110 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 7.7% Listings with price cut
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Town of Remsen Rentals

Data through Dec 31, 2014
  • 1.2 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 data Rent list price
  • No data Rent list price / sq ft
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