Home Values

Erving 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

Foreclosures will be a factor impacting home values in the next several years. In Erving 14.0 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 3.2 and also greater than the national value of 3.5

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 Erving is 6.7%, which is higher than the national value of 6.0%. 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 Erving homeowners underwater on their mortgage is 12.6%, which is the same as Springfield Metro at 12.6%.

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Relative ZHVI
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Erving Market Overview

  • No data
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Erving Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 12.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

14 homes(Jan 31, 2015) Erving
3.2 homes Springfield Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Leverett $304,800
Shutesbury $223,700
Montague $213,200
Name Median ZHVI
Town of Northfield $208,000
Gill $204,000
Bernardston $198,600
Name Median ZHVI
Town of Greenfield $166,400
Turners Falls $164,000
Town of Orange $136,500

Listings & Sales

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Erving Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,630 Erving
    $1,562 Springfield Metro
    $1,367 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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