Home Values

Westchester County 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

$503,000

  • -1.7% 1-year change
  • -1.8% 1-year forecast

The median home value in Westchester County is $503,000. Westchester County home values have declined -1.7% over the past year and Zillow predicts they will fall -1.8% within the next year. The median list price per square foot in Westchester County is None. The median rent price in Westchester County is $2,200, which is lower than the New York Metro median of $2,500.

Foreclosures will be a factor impacting home values in the next several years. In Westchester County 1.0 homes are foreclosed (per 10,000). This is lower than the New York Metro value of 2.2 and also lower than the national value of 3.9

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 Westchester County is 14.5%, which is higher than the national value of 6.3%. 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 Westchester County homeowners underwater on their mortgage is 9.1%, which is lower than New York Metro at 13.1%.

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Relative ZHVI
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Westchester County Market Overview

Data through Apr 30, 2015
  • $503,000 ZHVI
  • -1.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $552,650 Median sale price
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Westchester County Market Health

Data through Apr 30, 2015
  • 7.7/10 Very 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.
    (Feb 28, 2015)
  • 202 Average days on Zillow (Mar 31, 2015)
  • 9.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 14.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1 home Westchester County
2.2 homes New York Metro
3.9 homes United States
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Cities in Westchester County

Name Median ZHVI
Armonk $909,400
Chappaqua $817,200
New Castle $709,500
Name Median ZHVI
Mt Pleasant $650,600
Thornwood $526,300
Pleasantville $484,800
Name Median ZHVI
Valhalla $478,400
Mount Kisco $475,300
Hawthorne $465,100

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $299 Median sale price / sq ft
  • No data Listings with price cut
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Westchester County Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $3,439 Westchester County
    $2,372 New York Metro
    $1,364 United States

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

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,200 Rent list price
  • $2.12 Rent list price / sq ft
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