Home Values

Braintree 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

$375,800

  • 3.7% 1-year change
  • 0.2% 1-year forecast

The median home value in Braintree is $375,800. Braintree home values have gone up 3.7% over the past year and Zillow predicts they will rise 0.2% within the next year. The median list price per square foot in Braintree is $247, which is higher than the Boston Metro average of $224. The median price of homes currently listed in Braintree is $369,900 while the median price of homes that sold is $330,875. The median rent price in Braintree is $1,850, which is lower than the Boston Metro median of $2,200.

Foreclosures will be a factor impacting home values in the next several years. In Braintree 0.5 homes are foreclosed (per 10,000). This is lower 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 Braintree is 6.9%, which is lower than the national value of 6.9%. 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 Braintree homeowners underwater on their mortgage is 7.1%, which is lower than Boston Metro at 10.6%.

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Relative ZHVI
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Braintree Market Overview

Data through Sep 30, 2014
  • $375,800 ZHVI
  • 0.2% 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
    (Sep 30, 2015)
  • $369,900 Median listing price
  • $330,875 Median sale price (Aug 31, 2014)
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Braintree Market Health

Data through Sep 30, 2014
  • 4.2/10 Less 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
  • 7.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Town of Hingham $642,600
Milton $516,300
Quincy $354,100
Name Median ZHVI
Weymouth $313,500
Avon $281,300
Abington $278,900
Name Median ZHVI
Holbrook $258,000
Randolph $251,300
Rockland $250,700

Listings & Sales

Data through Sep 30, 2014
  • $247 Median list price / sq ft
  • $232 Median sale price / sq ft (Aug 31, 2014)
  • 37.6% Listings with price cut
12.9%
Sold below listing
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Braintree Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,236 Braintree
    $2,131 Boston Metro
    $1,335 United States

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

  • 2.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,850 Rent list price
  • $1.64 Rent list price / sq ft
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