18034 Home Prices & Values

$259,900 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

  • 8.0% 1-year change
  • 4.2% 1-year forecast

The median home value in 18034 is $259,900. 18034 home values have gone up 8.0% over the past year and Zillow predicts they will rise 4.2% within the next year. The median list price per square foot in 18034 is $150, which is higher than the Upper Saucon Township average of $148. The median price of homes currently listed in 18034 is $389,990 while the median price of homes that sold is $240,000. The median rent price in 18034 is $1,699, which is lower than the Upper Saucon Township median of $1,700.

Foreclosures will be a factor impacting home values in the next several years. In 18034 2.7 homes are foreclosed (per 10,000). This is greater than the Upper Saucon Township value of 1.4 and also lower than the national value of 4.4

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 18034 is 2.4%, which is lower 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 18034 homeowners underwater on their mortgage is 13.0%, which is higher than Upper Saucon Township at 12.3%.

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Relative ZHVI
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18034 Market Overview

Data through Jul 31, 2014
  • $259,900 ZHVI
  • 4.2% 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

    (Jul 31, 2015)
  • $389,990 Median listing price
  • $240,000 Median sale price (Jun 30, 2014)
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18034 Market Health

Data through Jul 31, 2014
  • 9.5/10 Very 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 days on Zillow
  • 13.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes 18034
1.4 homes Upper Saucon Township
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
18036 $261,100 18049 $187,400 18018 $142,200
18103 $138,100 18015 $127,700 18109 $104,800
18102 $75,200    

Listings & Sales

Data through Jul 31, 2014
  • $150 Median list price / sq ft
  • $136 Median sale price / sq ft (Jun 30, 2014)
  • 38.3% Listings with price cut
20.0%
Sold below listing
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18034 Rentals

Data through Jul 31, 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
$1,771 18034
$1,790 Upper Saucon Township
$1,318 United States
  • 4.0 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)
  • $1,699 Rent list price
  • $0.80 Rent list price / sq ft
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