Home Values

19611 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

$102,800

  • 3.3% 1-year change
  • 2.0% 1-year forecast

The median home value in 19611 is $102,800. 19611 home values have gone up 3.3% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in 19611 is $79, which is higher than the West Reading average of $69. The median price of homes currently listed in 19611 is $90,000 while the median price of homes that sold is $111,308. The median rent price in 19611 is $765.

Foreclosures will be a factor impacting home values in the next several years. In 19611 21.3 homes are foreclosed (per 10,000). This is greater than the West Reading value of 8.7 and also greater than the national value of 4.0

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 19611 is 5.6%, 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 19611 homeowners underwater on their mortgage is 26.6%.

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Relative ZHVI
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19611 Market Overview

Data through Jan 31, 2015
  • $102,800 ZHVI
  • 2.0% 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
    (Jan 31, 2016)
  • $90,000 Median listing price
  • No recent data Median sale price
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19611 Market Health

Data through Jan 31, 2015
  • 1.1/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 26.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

21.3 homes(Dec 31, 2014) 19611
8.7 homes(Dec 31, 2014) West Reading
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
19610 $214,600
19606 $155,500
19609 $154,000
Name Median ZHVI
19605 $153,400
19607 $145,500
19560 $128,800
Name Median ZHVI
19601 $63,200
19604 $56,600
19602 $53,200

Listings & Sales

Data through Jan 31, 2015
  • $79 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
9.1%
Sold below listing
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19611 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,019 19611
    $989 West Reading
    $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

  • 1.5 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 recent data Rent list price / sq ft
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