Home Values

02420 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

$775,500

  • 5.8% 1-year change
  • 1.4% 1-year forecast

The median home value in 02420 is $775,500. 02420 home values have gone up 5.8% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in 02420 is $392, which is lower than the Lexington average of $415. The median price of homes currently listed in 02420 is $1,099,000 while the median price of homes that sold is $918,500. The median rent price in 02420 is $2,600, which is higher than the Lexington median of $2,320.

Foreclosures will be a factor impacting home values in the next several years. In 02420 1.1 homes are foreclosed (per 10,000). This is greater than the Lexington value of 0.6 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 02420 is 1.3%, which is lower 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 02420 homeowners underwater on their mortgage is 3.4%, which is higher than Lexington at 3.1%.

Read more
Relative ZHVI
- +

02420 Market Overview

Data through Nov 30, 2014
  • $775,500 ZHVI
  • 1.4% 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)
  • $1,099,000 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

02420 Market Health

Data through Nov 30, 2014
  • 6.7/10 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
  • 3.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 1.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Zip Codes

Name Median ZHVI
01890 $839,100
02421 $808,000
02476 $595,700
Name Median ZHVI
01730 $594,400
02474 $561,700
02452 $482,400
Name Median ZHVI
01803 $445,200
02451 $425,900
01801 $378,400

Listings & Sales

Data through Nov 30, 2014
  • $392 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
1.8%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

02420 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,896 02420
    $2,939 Lexington
    $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

  • 3.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,600 Rent list price
  • $1.98 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading