Home Values

Cummington 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Cummington is $265,000.

Foreclosures will be a factor impacting home values in the next several years. In Cummington 17.7 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 2.6 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 Cummington is 11.1%, which is higher 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 Cummington homeowners underwater on their mortgage is 6.1%, which is lower than Springfield Metro at 13.8%.

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Relative ZHVI
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Cummington Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $265,000 Median listing price
  • No data Median sale price
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Cummington Market Health

Data through Sep 30, 2014
  • No recent data
  • No data Average days on Zillow
  • 6.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 11.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

17.7 homes(Oct 31, 2013) Cummington
2.6 homes Springfield Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Westhampton $281,300
Conway $277,700
Williamsburg $274,300
Name Median ZHVI
Ashfield $237,300
Worthington $236,900
Goshen $235,200
Name Median ZHVI
Hinsdale $212,400
Huntington $196,600
Chester $168,100

Listings & Sales

Data through Sep 30, 2014
  • $139 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 47.1% Listings with price cut
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Cummington Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,439 Springfield 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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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