Home Values

02446 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

$619,400

  • 9.0% 1-year change
  • 2.2% 1-year forecast

The median home value in 02446 is $619,400. 02446 home values have gone up 9.0% over the past year and Zillow predicts they will rise 2.2% within the next year. The median list price per square foot in 02446 is $563, which is higher than the Brookline average of $547. The median price of homes currently listed in 02446 is $929,000 while the median price of homes that sold is $666,100. The median rent price in 02446 is $2,750, which is higher than the Brookline median of $2,650.

Foreclosures will be a factor impacting home values in the next several years. In 02446 0.8 homes are foreclosed (per 10,000). This is greater than the Brookline value of 0.7 and also 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 02446 is 0.0%, which is lower 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 02446 homeowners underwater on their mortgage is 5.4%, which is higher than Brookline at 5.0%.

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Relative ZHVI
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02446 Market Overview

Data through Dec 31, 2014
  • $619,400 ZHVI
  • 2.2% 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
    (Dec 31, 2015)
  • $929,000 Median listing price
  • No recent data Median sale price
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02446 Market Health

Data through Dec 31, 2014
  • 8.8/10 Very 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
  • 5.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

0.8 homes(Jun 30, 2013) 02446
0.7 homes(Oct 31, 2014) Brookline
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
02445 $680,100
02138 $638,900
02139 $570,500
Name Median ZHVI
02130 $454,200
02215 $436,200
02120 $397,300
Name Median ZHVI
02119 $382,000
02134 $353,000
02135 $324,800

Listings & Sales

Data through Dec 31, 2014
  • $563 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.0% Listings with price cut
4.2%
Sold below listing
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02446 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,842 02446
    $2,891 Brookline
    $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

  • 3.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,750 Rent list price
  • $2.52 Rent list price / sq ft
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