Home Values

Fairhaven 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 list price per square foot in Fairhaven is $195. The median price of homes currently listed in Fairhaven is $250,000 while the median price of homes that sold is $236,100. The median rent price in Fairhaven is $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Fairhaven 2.0 homes are foreclosed (per 10,000). This is lower 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 Fairhaven is 9.2%, which is higher than the national value of 6.4%. 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 Fairhaven homeowners underwater on their mortgage is 13.0%.

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Relative ZHVI
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Fairhaven Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $250,000 Median listing price
  • No recent data Median sale price
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Fairhaven Market Health

Data through Jan 31, 2015
  • 5.0/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 13.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Marion $559,000
Mattapoisett $393,800
Rochester $361,100
Name Median ZHVI
Dartmouth $334,200
Smith Mills $243,000
Bliss Corner $242,700
Name Median ZHVI
West Wareham $238,600
Acushnet $222,500
New Bedford $189,300

Listings & Sales

Data through Jan 31, 2015
  • $195 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
24.6%
Sold below listing
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Fairhaven Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,335 Fairhaven
    $1,350 United States

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

  • 4.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price (Dec 31, 2014)
  • $1.30 Rent list price / sq ft (Dec 31, 2014)
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