Home Values

Wall Township 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

$462,700

  • 10.4% 1-year change
  • 2.3% 1-year forecast

The median home value in Wall Township is $462,700. Wall Township home values have gone up 10.4% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Wall Township is None.

Foreclosures will be a factor impacting home values in the next several years. In Wall Township 0.7 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 1.2 and also lower than the national value of 3.0

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 Wall Township is 8.6%, which is higher than the national value of 6.3%. 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 Wall Township homeowners underwater on their mortgage is 9.3%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Wall Township Market Overview

Data through Mar 31, 2015
  • $462,700 ZHVI
  • 2.3% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $424,425 Median sale price (Feb 28, 2015)
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Wall Township Market Health

Data through Mar 31, 2015
  • 5.0/10 Stable
    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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 9.3% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.6% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.7 homes(Sep 30, 2014) Wall Township
1.2 homes New York Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Spring Lake $1,579,400
Brielle $601,000
Spring Lake Heights $457,800
Name Median ZHVI
Belmar $404,700
Lake Como $371,400
Shark River Hills $275,300
Name Median ZHVI
West Belmar $272,600
Neptune City $234,200
Neptune $220,300

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • $234 Median sale price / sq ft
  • No data Listings with price cut
24.7%
Sold below listing
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Wall Township Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $2,648 Wall Township
    $2,355 New York Metro
    $1,362 United States

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

  • 2.4 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
  • $1.39 Rent list price / sq ft
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