Home Values

West Deptford 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

$181,600

  • 1.2% 1-year change
  • 0.6% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Neutral

Buyers' Market
Sellers' Market

The median home value in West Deptford Township is $181,600. West Deptford Township home values have gone up 1.2% over the past year and Zillow predicts they will rise 0.6% within the next year. The median list price per square foot in West Deptford Township is $117, which is lower than the Philadelphia Metro average of $131. The median price of homes currently listed in West Deptford Township is $199,000 while the median price of homes that sold is $188,050. The median rent price in West Deptford Township is $1,250, which is lower than the Philadelphia Metro median of $1,365.

Foreclosures will be a factor impacting home values in the next several years. In West Deptford Township 1.3 homes are foreclosed (per 10,000). This is lower than the Philadelphia Metro value of 4.7 and also lower than the national value of 4.3

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 Deptford Township is 15.8%, 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 Deptford Township homeowners underwater on their mortgage is 23.1%, which is higher than Philadelphia Metro at 20.1%.

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Relative ZHVI
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West Deptford Township Market Overview

Data through Aug 31, 2014
  • $181,600 ZHVI
  • 0.6% 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
    (Aug 31, 2015)
  • $199,000 Median listing price
  • $188,050 Median sale price
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West Deptford Township Market Health

Data through Aug 31, 2014
  • 0.9/10 Less 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.
  • No data Average days on Zillow
  • 23.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 15.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.3 homes(Feb 28, 2014) West Deptford Township
4.7 homes Philadelphia Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Wenonah $253,900
Woodbury Heights $177,800
Deptford Township $170,800
Name Median ZHVI
Oak Valley $151,500
Woodbury $137,800
National Park $133,600
Name Median ZHVI
Westville $128,200
Paulsboro $122,500
Brooklawn $118,900

Listings & Sales

Data through Aug 31, 2014
  • $117 Median list price / sq ft
  • $114 Median sale price / sq ft
  • 48.6% Listings with price cut
32.6%
Sold below listing
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West Deptford Township Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,572 West Deptford Township
    $1,551 Philadelphia Metro
    $1,328 United States

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

  • 2.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,250 Rent list price
  • $1.09 Rent list price / sq ft
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