Home Values

Brimfield 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

$230,800

  • 1.3% 1-year change
  • 2.8% 1-year forecast

The median home value in Brimfield is $230,800. Brimfield home values have gone up 1.3% over the past year and Zillow predicts they will rise 2.8% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Brimfield 16.8 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 3.5 and also greater than the national value of 3.9

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 Brimfield is 7.8%, which is higher than the national value of 6.3%. 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 Brimfield homeowners underwater on their mortgage is 16.1%, which is higher than Springfield Metro at 14.4%.

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Relative ZHVI
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Brimfield Market Overview

Data through Apr 30, 2015
  • $230,800 ZHVI
  • 2.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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Brimfield Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 16.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

16.8 homes(Mar 31, 2015) Brimfield
3.5 homes Springfield Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Town of Sturbridge $240,900
Fiskdale $236,800
Brookfield $187,200
Name Median ZHVI
Town of Holland $185,000
Town of West Brookfield $182,600
Wales $173,100
Name Median ZHVI
Monson $172,100
Town of Palmer $169,900
Three Rivers $156,000

Listings & Sales

  • No data
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Brimfield Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,601 Brimfield
    $1,556 Springfield Metro
    $1,364 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)
  • No data Rent list price
  • No data Rent list price / sq ft
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