Home Values

07090 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

$659,900

  • -4.6% 1-year change
  • -3.1% 1-year forecast

The median home value in 07090 is $659,900. 07090 home values have declined -4.6% over the past year and Zillow predicts they will fall -3.1% within the next year. The median list price per square foot in 07090 is None.

Foreclosures will be a factor impacting home values in the next several years. In 07090 1.3 homes are foreclosed (per 10,000). This is the same as the Westfield value of 1.3 and also lower than the national value of 3.5

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 07090 homeowners underwater on their mortgage is 4.5%, which is higher than Westfield at 4.1%.

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Relative ZHVI
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07090 Market Overview

Data through May 31, 2015
  • $659,900 ZHVI
  • -3.1% 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
    (May 31, 2016)
  • No data Median listing price
  • $715,650 Median sale price
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07090 Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 4.5% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

1.3 homes 07090
1.3 homes Westfield
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
07092 $575,300
07076 $424,000
07016 $411,700
Name Median ZHVI
07023 $406,200
07066 $370,000
07081 $369,900
Name Median ZHVI
07027 $332,700
07033 $315,700
07062 $186,400

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $352 Median sale price / sq ft
  • No data Listings with price cut
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07090 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,898 07090
    $2,901 Westfield
    $1,367 United States

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

  • 5.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • $2.25 Rent list price / sq ft
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