12186 Home Prices & Values

$230,400 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

  • -0.3% 1-year change
  • 3.3% 1-year forecast

The median home value in 12186 is $230,400. 12186 home values have declined -0.3% over the past year and Zillow predicts they will rise 3.3% within the next year. The median list price per square foot in 12186 is $172, which is lower than the Voorheesville average of $175. The median price of homes currently listed in 12186 is $374,800 while the median price of homes that sold is $262,000.

Foreclosures will be a factor impacting home values in the next several years. In 12186 2.8 homes are foreclosed (per 10,000). This is lower than the Voorheesville value of 6.0 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 12186 is 6.6%, 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 12186 homeowners underwater on their mortgage is 8.0%.

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Relative ZHVI
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12186 Market Overview

Data through Jul 31, 2014
  • $230,400 ZHVI
  • 3.3% 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)
  • $374,800 Median listing price
  • No recent data Median sale price
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12186 Market Health

Data through Jul 31, 2014
  • 6.6/10 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
  • 8.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
12159 $330,000 12084 $247,500 12054 $244,100
12009 $215,800 12203 $177,900 12059 $174,600
12303 $167,000 12193 $154,400 12304 $108,400

Listings & Sales

Data through Jul 31, 2014
  • $172 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.8% Listings with price cut
46.7%
Sold below listing
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12186 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
$1,501 12186
$1,453 Voorheesville
$1,318 United States
  • 5.0 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)
  • No data Rent list price
  • No data Rent list price / sq ft
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