Home Values

Town of Warwick 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

$267,200

  • -1.7% 1-year change
  • 1.9% 1-year forecast

The median home value in Town of Warwick is $267,200. Town of Warwick home values have declined -1.7% 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 Warwick is $167, which is higher than the Poughkeepsie Metro average of $148. The median price of homes currently listed in Town of Warwick is $349,900 while the median price of homes that sold is $305,000.

Foreclosures will be a factor impacting home values in the next several years. In Town of Warwick 2.7 homes are foreclosed (per 10,000). This is lower than the Poughkeepsie Metro value of 5.6 and also lower than the national value of 4.5

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 Warwick is 13.9%, which is higher 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 Warwick homeowners underwater on their mortgage is 23.5%, which is lower than Poughkeepsie Metro at 26.6%.

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Relative ZHVI
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Town of Warwick Market Overview

Data through Oct 31, 2014
  • $267,200 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
    (Oct 31, 2015)
  • $349,900 Median listing price
  • $305,000 Median sale price
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Town of Warwick Market Health

Data through Oct 31, 2014
  • 0.9/10 Less 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
  • 23.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 13.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes Town of Warwick
5.6 homes Poughkeepsie Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Town of Goshen $253,900
Walton Park $242,000
Town of Chester $229,100
Name Median ZHVI
Wawayanda $225,800
Vernon Valley $205,600
Greenwood Lake $199,800
Name Median ZHVI
Florida $198,100
Vernon Township $190,200
Highland Lake $175,300

Listings & Sales

Data through Oct 31, 2014
  • $167 Median list price / sq ft
  • $160 Median sale price / sq ft
  • 43.1% Listings with price cut
26.4%
Sold below listing
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Town of Warwick Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,964 Town of Warwick
    $1,803 Poughkeepsie Metro
    $1,337 United States

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

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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