Dedham Home Prices & Values

$384,500 Zillow Home Value Index What's This?  
Close

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

  • 5.4% 1-year change
  • 0.9% 1-year forecast

The median home value in Dedham is $384,500. Dedham home values have gone up 5.4% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in Dedham is $281, which is higher than the Boston Metro average of $224. The median price of homes currently listed in Dedham is $464,000 while the median price of homes that sold is $354,300. The median rent price in Dedham is $1,950, which is lower than the Boston Metro median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In Dedham 0.7 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

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 Dedham is 9.3%, 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 Dedham homeowners underwater on their mortgage is 6.9%, which is lower than Boston Metro at 10.6%.

more
Relative ZHVI
- +

Dedham Market Overview

Data through Aug 31, 2014
  • $384,500 ZHVI
  • 0.9% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $464,000 Median listing price
  • $354,300 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Dedham Market Health

Data through Aug 31, 2014
  • 8.9/10 Very healthy What's This?  
    Close

    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
  • 6.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.7 homes Dedham
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of Dover $918,400 Newton $819,600 Needham $749,700
Westwood $619,200 Brookline $604,000 Milton $519,200
Canton $428,500 East Walpole $399,500 Norwood $387,900

Listings & Sales

Data through Aug 31, 2014
  • $281 Median list price / sq ft
  • $282 Median sale price / sq ft
  • 42.2% Listings with price cut
11.8%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Dedham Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$2,333 Dedham
$2,116 Boston Metro
$1,328 United States
  • 2.4 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,950 Rent list price
  • $2.01 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading