Erving Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median price of homes currently listed in Erving is $179,000.

Foreclosures will be a factor impacting home values in the next several years. In Erving 16.1 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 1.9 and also greater 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 Erving is 7.1%, 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 Erving homeowners underwater on their mortgage is 11.8%, which is lower than Springfield Metro at 13.8%.

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Relative ZHVI
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Erving Market Overview

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Erving Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

16.1 homes Erving
1.9 homes Springfield Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Leverett $297,700 Shutesbury $226,800 Montague $215,200
Town of Northfield $208,700 Gill $200,700 Bernardston $196,900
Town of Greenfield $166,900 Turners Falls $164,200 Town of Orange $139,100

Listings & Sales

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Erving 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
$1,579 Erving
$1,420 Springfield Metro
$1,328 United States
  • 1.7 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
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  • No data Rent list price / sq ft
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