Home Values

12409 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

$297,500

  • 2.3% 1-year change
  • 0.7% 1-year forecast

The median home value in 12409 is $297,500. 12409 home values have gone up 2.3% over the past year and Zillow predicts they will rise 0.7% within the next year. The median price of homes currently listed in 12409 is $419,000.

Foreclosures will be a factor impacting home values in the next several years. In 12409 38.5 homes are foreclosed (per 10,000). This is greater 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 12409 is 16.7%, 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 12409 homeowners underwater on their mortgage is 10.3%.

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Relative ZHVI
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12409 Market Overview

Data through Aug 31, 2014
  • $297,500 ZHVI
  • 0.7% 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
    (Aug 31, 2015)
  • $419,000 Median listing price
  • No data Median sale price
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12409 Market Health

Data through Aug 31, 2014
  • 0.4/10 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
  • 10.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 16.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
12498 $256,700
12481 $212,900
12491 $197,500
Name Median ZHVI
12443 $180,900
12477 $170,900
12401 $151,500

Listings & Sales

Data through Aug 31, 2014
  • $249 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 57.7% Listings with price cut
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12409 Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,913 12409
    $1,624 Kingston Metro
    $1,328 United States

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

  • 2.9 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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