Home Values

Leominster 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

$190,500

  • -5.3% 1-year change
  • -0.8% 1-year forecast

The median home value in Leominster is $190,500. Leominster home values have declined -5.3% over the past year and Zillow predicts they will fall -0.8% within the next year. The median list price per square foot in Leominster is None. The median rent price in Leominster is $895, which is lower than the Worcester Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Leominster 6.2 homes are foreclosed (per 10,000). This is greater than the Worcester Metro value of 6.1 and also greater than the national value of 3.9

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 Leominster is 9.7%, which is higher than the national value of 6.3%. 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 Leominster homeowners underwater on their mortgage is 21.9%, which is higher than Worcester Metro at 18.0%.

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Relative ZHVI
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Leominster Market Overview

Data through Apr 30, 2015
  • $190,500 ZHVI
  • -0.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Leominster Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 21.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 9.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

6.2 homes Leominster
6.1 homes Worcester Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Princeton $292,200
Sterling $271,400
Lancaster $270,400
Name Median ZHVI
Town of Shirley $255,500
Town of Lunenburg $244,800
West Boylston $228,600
Name Median ZHVI
Westminster $219,000
Town of Clinton $199,800
Fitchburg $151,500

Listings & Sales

  • No data
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Leominster Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,505 Leominster
    $1,562 Worcester Metro
    $1,364 United States

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

  • 2.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $895 Rent list price
  • $1.04 Rent list price / sq ft
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