Home Values

02126 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

$311,900

  • 17.8% 1-year change
  • 6.3% 1-year forecast

The median home value in 02126 is $311,900. 02126 home values have gone up 17.8% over the past year and Zillow predicts they will rise 6.3% within the next year. The median list price per square foot in 02126 is $188, which is lower than the Boston average of $472. The median price of homes currently listed in 02126 is $225,000 while the median price of homes that sold is $230,000. The median rent price in 02126 is $1,775, which is lower than the Boston median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In 02126 12.0 homes are foreclosed (per 10,000). This is greater than the Boston value of 0.4 and also greater than the national value of 4.0

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 02126 is 22.3%, which is higher than the national value of 6.4%. 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 02126 homeowners underwater on their mortgage is 11.3%, which is higher than Boston at 10.8%.

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Relative ZHVI
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02126 Market Overview

Data through Dec 31, 2014
  • $311,900 ZHVI
  • 6.3% 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
    (Dec 31, 2015)
  • $225,000 Median listing price
  • No recent data Median sale price
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02126 Market Health

Data through Dec 31, 2014
  • 6.8/10 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
  • 11.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 22.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

12 homes(Sep 30, 2014) 02126
0.4 homes Boston
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
02186 $527,300
02130 $454,200
02131 $394,900
Name Median ZHVI
02119 $382,000
02124 $356,500
02125 $342,900
Name Median ZHVI
02136 $331,000
02122 $328,900
02121 $316,800

Listings & Sales

Data through Dec 31, 2014
  • $188 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 17.1% Listings with price cut
45.5%
Sold below listing
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02126 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,288 02126
    $2,487 Boston
    $1,345 United States

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

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,775 Rent list price
  • $1.67 Rent list price / sq ft
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