Home Values

Washington 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

$192,300

  • 8.2% 1-year change
  • None 1-year forecast

The median home value in Washington Township is $192,300. Washington Township home values have gone up 8.2% over the past year. The median price of homes currently listed in Washington Township is $224,990 while the median price of homes that sold is $155,000. The median rent price in Washington Township is $810, which is higher than the Chambersburg Metro median of $775.

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 Washington Township is 5.4%, which is lower than the national value of 6.4%. 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 Washington Township homeowners underwater on their mortgage is 24.3%.

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Relative ZHVI
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Washington Township Market Overview

Data through Jan 31, 2015
  • $192,300 ZHVI
  • No data 1-yr forecast
  • $224,990 Median listing price
  • No recent data Median sale price
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Washington Township Market Health

Data through Jan 31, 2015
  • 6.3/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 24.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Paramount-Long Meadow $249,800
Sabillasville $208,100
Smithsburg $203,100
Name Median ZHVI
Guilford Township $190,600
Wayne Heights $170,200
Hamiltonban Township $160,300
Name Median ZHVI
Cascade $151,700
Quincy $143,000
Waynesboro $125,200

Listings & Sales

Data through Jan 31, 2015
  • $115 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
7.1%
Sold below listing
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Washington Township Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,220 Washington Township
    $1,162 Chambersburg Metro
    $1,350 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 recent data Rent list price
  • No data Rent list price / sq ft
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