Home Values

11795 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

$350,200

  • -4.0% 1-year change
  • -1.2% 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 zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Cold

Buyers' Market
Sellers' Market

The median home value in 11795 is $350,200. 11795 home values have declined -4.0% over the past year and Zillow predicts they will fall -1.2% within the next year. The median list price per square foot in 11795 is $140, which is the same as the West Islip average of $140. The median price of homes currently listed in 11795 is $435,810 while the median price of homes that sold is $390,375. The median rent price in 11795 is $1,900, which is lower than the West Islip median of $1,950.

Foreclosures will be a factor impacting home values in the next several years. In 11795 0.9 homes are foreclosed (per 10,000). This is the same as the West Islip value of 0.9 and also lower than the national value of 4.5

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 11795 is 18.9%, 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 11795 homeowners underwater on their mortgage is 8.9%, which is the same as West Islip at 8.9%.

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Relative ZHVI
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11795 Market Overview

Data through Oct 31, 2014
  • $350,200 ZHVI
  • -1.2% 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
    (Oct 31, 2015)
  • $435,810 Median listing price
  • $390,375 Median sale price
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11795 Market Health

Data through Oct 31, 2014
  • 3.1/10 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
  • 8.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 18.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.9 homes 11795
0.9 homes West Islip
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
11718 $405,100
11702 $377,000
11751 $315,300
Name Median ZHVI
11703 $296,400
11704 $291,500
11757 $288,600
Name Median ZHVI
11729 $279,900
11706 $265,300
11798 $263,100

Listings & Sales

Data through Oct 31, 2014
  • $140 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 50.3% Listings with price cut
19.6%
Sold below listing
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11795 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,432 11795
    $2,432 West Islip
    $1,337 United States

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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,900 Rent list price
  • No data Rent list price / sq ft
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