Upper Vailsburg Home Prices & Values

$151,500 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

  • 7.1% 1-year change
  • 1.2% 1-year forecast

The median home value in Upper Vailsburg is $151,500. Upper Vailsburg home values have gone up 7.1% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Upper Vailsburg is $62, which is lower than the Newark average of $79. The median price of homes currently listed in Upper Vailsburg is $124,900 while the median price of homes that sold is $310,000. The median rent price in Upper Vailsburg is $1,100, which is lower than the Newark median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Upper Vailsburg 2.0 homes are foreclosed (per 10,000). This is lower than the Newark value of 91.7 and also lower than the national value of 4.3

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Relative ZHVI
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Upper Vailsburg Market Overview

Data through Aug 31, 2014
  • $151,500 ZHVI
  • 1.2% 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

    (Aug 31, 2015)
  • $124,900 Median listing price
  • No recent data Median sale price
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Upper Vailsburg Market Health

Data through Aug 31, 2014
  • 7.8/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

2 homes(Feb 28, 2014) Upper Vailsburg
91.7 homes Newark
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
South Broad Street $217,600 Upper Clinton Hill $194,100 Fairmuont $174,300
Lower Roseville $173,500 Weequahic $173,300 West Side $165,800
Lower Vailsburg $160,000 Springfield-Belmont $151,400 University Heights $145,600

Listings & Sales

Data through Aug 31, 2014
  • $62 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 20.0% Listings with price cut
54.7%
Sold below listing
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Upper Vailsburg Rentals

Data through Aug 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
$1,447 Upper Vailsburg
$1,489 Newark
$1,328 United States
  • 2.5 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, 2014)
  • $1,100 Rent list price
  • $0.54 Rent list price / sq ft
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