Home Values

01887 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

$383,800

  • -3.3% 1-year change
  • -2.1% 1-year forecast

The median home value in 01887 is $383,800. 01887 home values have declined -3.3% over the past year and Zillow predicts they will fall -2.1% within the next year. The median list price per square foot in 01887 is None. The median rent price in 01887 is $2,035, which is lower than the Wilmington median of $2,040.

Foreclosures will be a factor impacting home values in the next several years. In 01887 1.5 homes are foreclosed (per 10,000). This is the same as the Wilmington value of 1.5 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 01887 homeowners underwater on their mortgage is 5.2%, which is higher than Wilmington at 3.9%.

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Relative ZHVI
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01887 Market Overview

Data through May 31, 2015
  • $383,800 ZHVI
  • -2.1% 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
  • No recent data Median sale price
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01887 Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 5.2% 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)

1.5 homes 01887
1.5 homes Wilmington
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
01810 $543,700
01867 $465,400
01864 $435,800
Name Median ZHVI
01803 $434,800
01801 $368,200
01821 $336,500
Name Median ZHVI
01876 $325,700
 
 

Listings & Sales

  • No data
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01887 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $2,301 01887
    $2,302 Wilmington
    $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

  • 3.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $2,035 Rent list price
  • $1.76 Rent list price / sq ft
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