Home Values

Middlefield 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

$168,500

  • 6.3% 1-year change
  • None 1-year forecast

The median home value in Middlefield is $168,500. Middlefield home values have gone up 6.3% over the past year. The median price of homes currently listed in Middlefield is $285,000.

Foreclosures will be a factor impacting home values in the next several years. In Middlefield 75.2 homes are foreclosed (per 10,000). This is greater 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 Middlefield is 2.5%, 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 Middlefield homeowners underwater on their mortgage is 12.6%.

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Relative ZHVI
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Middlefield Market Overview

Data through Jan 31, 2015
  • $168,500 ZHVI
  • No data 1-yr forecast
  • $285,000 Median listing price
  • No data Median sale price
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Middlefield Market Health

Data through Jan 31, 2015
  • 7.7/10 Very 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 12.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Cooperstown $267,400
Otsego $175,000
Hartwick $139,800
Name Median ZHVI
Maryland $97,500
Richfield Springs $92,800
 

Listings & Sales

Data through Jan 31, 2015
  • $120 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Middlefield Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,641 Middlefield
    $1,481 Oneonta Metro
    $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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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