Home Values

Colchester 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

$238,500

  • -6.2% 1-year change
  • -1.6% 1-year forecast

The median home value in Colchester is $238,500. Colchester home values have declined -6.2% over the past year and Zillow predicts they will fall -1.6% within the next year. The median price of homes currently listed in Colchester is $289,900 while the median price of homes that sold is $233,925.

Foreclosures will be a factor impacting home values in the next several years. In Colchester 1.1 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

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 Colchester homeowners underwater on their mortgage is 8.6%.

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Relative ZHVI
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Colchester Market Overview

Data through Oct 31, 2014
  • $238,500 ZHVI
  • -1.6% 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
    (Oct 31, 2015)
  • $289,900 Median listing price
  • $233,925 Median sale price
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Colchester Market Health

Data through Oct 31, 2014
  • 1.6/10 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
  • 8.6% Homes with negative equity (17.0% US Avg) (Sep 30, 2013)
  • No data Delinquent on mortgage (6.9% US Avg)
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Nearby Cities

Name Median ZHVI
Williston $294,200
Westford $286,600
Essex $271,800
Name Median ZHVI
Burlington $258,000
Georgia $251,400
Essex Junction $250,600
Name Median ZHVI
South Burlington $243,100
Town of Milton $237,900
Winooski $223,500

Listings & Sales

Data through Oct 31, 2014
  • $157 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 43.2% Listings with price cut
11.4%
Sold below listing
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Colchester Rentals

Data through Oct 31, 2014
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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