West Brooklyn Home Prices & Values

No data Zillow Home Value Index

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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 West Brooklyn is 14.3%, which is higher 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 West Brooklyn homeowners underwater on their mortgage is 24.1%.

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Relative ZHVI
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West Brooklyn Market Overview

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West Brooklyn Market Health

Data through Aug 31, 2014
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  • 24.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 14.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Rochelle $101,600    

Listings & Sales

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West Brooklyn Rentals

Data through Aug 31, 2014
  • No data Breakeven horizon
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