Home Values

Willow Grove 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

$228,600

  • 0.5% 1-year change
  • 0.5% 1-year forecast

The median home value in Willow Grove is $228,600. Willow Grove home values have gone up 0.5% over the past year and Zillow predicts they will rise 0.5% within the next year. The median rent price in Willow Grove is $1,499, which is higher than the Philadelphia Metro median of $1,400.

Foreclosures will be a factor impacting home values in the next several years. In Willow Grove 5.1 homes are foreclosed (per 10,000). This is greater than the Philadelphia Metro value of 3.8 and also greater than the national value of 3.5

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 Willow Grove is 6.6%, which is higher than the national value of 6.0%. 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 Willow Grove homeowners underwater on their mortgage is 14.6%, which is lower than Philadelphia Metro at 17.6%.

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Relative ZHVI
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Willow Grove Market Overview

Data through May 31, 2015
  • $228,600 ZHVI
  • 0.5% 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
  • No recent data Median sale price
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Willow Grove Market Health

Data through May 31, 2015
  • No recent data Stable
  • No data Average days on Zillow
  • 14.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

5 Willow Grove
4 Philadelphia Metro
4 United States
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Nearby Cities

Name Median ZHVI
Dresher $376,900
Wyncote $306,100
Warminster $255,100
Name Median ZHVI
Upper Moreland Township $246,300
Glenside $233,200
Hatboro $230,800
Name Median ZHVI
Horsham $228,400
Abington $221,300
Jenkintown $215,900

Listings & Sales

  • No data
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Willow Grove Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,667 Willow Grove
    $1,574 Philadelphia Metro
    $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

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,499 Rent list price
  • No data Rent list price / sq ft
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