Home Values

01833 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

$414,200

  • 5.5% 1-year change
  • 0.9% 1-year forecast

The median home value in 01833 is $414,200. 01833 home values have gone up 5.5% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in 01833 is $220, which is the same as the Georgetown average of $220. The median price of homes currently listed in 01833 is $484,900 while the median price of homes that sold is $366,412. The median rent price in 01833 is $1,755, which is the same as the Georgetown median of $1,755.

Foreclosures will be a factor impacting home values in the next several years. In 01833 2.1 homes are foreclosed (per 10,000). This is the same as the Georgetown value of 2.1 and also lower than the national value of 4.2

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 01833 is 14.9%, 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 01833 homeowners underwater on their mortgage is 5.1%, which is the same as Georgetown at 5.1%.

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Relative ZHVI
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01833 Market Overview

Data through Nov 30, 2014
  • $414,200 ZHVI
  • 0.9% 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
    (Nov 30, 2015)
  • $484,900 Median listing price
  • No recent data Median sale price
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01833 Market Health

Data through Nov 30, 2014
  • 4.4/10 Less healthy
    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
  • 5.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 14.9% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
01921 $561,300
01983 $515,300
01985 $500,600
Name Median ZHVI
01922 $432,700
01845 $427,600
01969 $409,700
Name Median ZHVI
01834 $350,200
01835 $255,900
01830 $249,000

Listings & Sales

Data through Nov 30, 2014
  • $220 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
27.8%
Sold below listing
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01833 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,192 01833
    $2,187 Georgetown
    $1,342 United States

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

  • 2.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,755 Rent list price (Oct 31, 2014)
  • $1.47 Rent list price / sq ft (Oct 31, 2014)
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