Home Values

West Wyomissing 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

$126,900

  • -2.7% 1-year change
  • 0.2% 1-year forecast

The median home value in West Wyomissing is $126,900. West Wyomissing home values have declined -2.7% over the past year and Zillow predicts they will rise 0.2% within the next year. The median price of homes currently listed in West Wyomissing is $139,900. The median rent price in West Wyomissing is $765, which is lower than the Reading Metro median of $900.

Foreclosures will be a factor impacting home values in the next several years. In West Wyomissing 10.2 homes are foreclosed (per 10,000). This is greater 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 West Wyomissing is 5.3%, which is lower 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 Wyomissing homeowners underwater on their mortgage is 22.7%.

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Relative ZHVI
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West Wyomissing Market Overview

Data through Oct 31, 2014
  • $126,900 ZHVI
  • 0.2% 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)
  • $139,900 Median listing price
  • No data Median sale price
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West Wyomissing Market Health

Data through Oct 31, 2014
  • 0.6/10 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
  • 22.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

10.2 homes West Wyomissing
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Wyomissing $218,500
Spring Ridge $211,600
Spring Township $190,600
Name Median ZHVI
Whitfield $178,400
Cumru Township $161,600
Sinking Spring $153,900
Name Median ZHVI
Shillington $146,000
Kenhorst $120,900
West Reading $101,900

Listings & Sales

Data through Oct 31, 2014
  • $110 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 52.2% Listings with price cut
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West Wyomissing Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,138 West Wyomissing
    $1,220 Reading Metro
    $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

  • 2.1 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 data Rent list price / sq ft
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