Weequahic Home Prices & Values

$173,300 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

  • -4.1% 1-year change
  • -3.0% 1-year forecast

The median home value in Weequahic is $173,300. Weequahic home values have declined -4.1% over the past year and Zillow predicts they will fall -3.0% within the next year. The median list price per square foot in Weequahic is $73, which is lower than the Newark average of $79. The median price of homes currently listed in Weequahic is $149,500 while the median price of homes that sold is $133,529. The median rent price in Weequahic 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 Weequahic 92.7 homes are foreclosed (per 10,000). This is greater than the Newark value of 91.7 and also greater than the national value of 4.3

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Relative ZHVI
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Weequahic Market Overview

Data through Aug 31, 2014
  • $173,300 ZHVI
  • -3.0% 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)
  • $149,500 Median listing price
  • No recent data Median sale price
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Weequahic Market Health

Data through Aug 31, 2014
  • 0.4/10 Less 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)

92.7 homes Weequahic
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 Ironbound $279,600 South Broad Street $217,600 Upper Clinton Hill $194,100
Fairmuont $174,300 West Side $165,800 Lower Vailsburg $160,000
Upper Vailsburg $151,500 Springfield-Belmont $151,400 University Heights $145,600

Listings & Sales

Data through Aug 31, 2014
  • $73 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 22.6% Listings with price cut
53.8%
Sold below listing
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Weequahic 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
$1,461 Weequahic
$1,489 Newark
$1,328 United States
  • No data Breakeven horizon
  • $1,100 Rent list price
  • $0.60 Rent list price / sq ft
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