Home Values

Everett 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

$288,600

  • 9.6% 1-year change
  • 2.6% 1-year forecast

The median home value in Everett is $288,600. Everett home values have gone up 9.6% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Everett is $229, which is higher than the Boston Metro average of $225. The median price of homes currently listed in Everett is $299,900 while the median price of homes that sold is $293,000. The median rent price in Everett is $1,550, which is lower than the Boston Metro median of $2,195.

Foreclosures will be a factor impacting home values in the next several years. In Everett 1.3 homes are foreclosed (per 10,000). This is lower than the national value of 4.5

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 Everett is 11.8%, 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 Everett homeowners underwater on their mortgage is 15.0%, which is higher than Boston Metro at 10.6%.

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Relative ZHVI
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Everett Market Overview

Data through Oct 31, 2014
  • $288,600 ZHVI
  • 2.6% 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)
  • $299,900 Median listing price
  • No recent data Median sale price
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Everett Market Health

Data through Oct 31, 2014
  • 5.4/10 Stable
    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
  • 15.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 11.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Cambridge $569,400
Somerville $478,000
Melrose $457,900
Name Median ZHVI
Medford $411,800
Winthrop $367,500
Saugus $334,600
Name Median ZHVI
Malden $328,700
Revere $282,300
Chelsea $247,500

Listings & Sales

Data through Oct 31, 2014
  • $229 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 44.4% Listings with price cut
17.1%
Sold below listing
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Everett Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,007 Everett
    $2,135 Boston Metro
    $1,337 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,550 Rent list price
  • No data Rent list price / sq ft
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