Home Values

Nahant 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

$511,500

  • 7.9% 1-year change
  • 1.0% 1-year forecast

The median home value in Nahant is $511,500. Nahant home values have gone up 7.9% over the past year and Zillow predicts they will rise 1.0% within the next year. The median price of homes currently listed in Nahant is $589,000.

Foreclosures will be a factor impacting home values in the next several years. In Nahant 19.2 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 Nahant is 4.2%, 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 Nahant homeowners underwater on their mortgage is 4.9%, which is lower than Boston Metro at 9.6%.

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Relative ZHVI
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Nahant Market Overview

Data through Dec 31, 2014
  • $511,500 ZHVI
  • 1.0% 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
    (Dec 31, 2015)
  • $589,000 Median listing price
  • No data Median sale price
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Nahant Market Health

Data through Dec 31, 2014
  • 7.3/10 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
  • 4.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Marblehead $543,800
Swampscott $399,100
Winthrop $373,000
Name Median ZHVI
Peabody $339,900
Saugus $335,800
Salem $300,800
Name Median ZHVI
Revere $286,800
Chelsea $252,600
Lynn $242,900

Listings & Sales

Data through Dec 31, 2014
  • $314 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 15.4% Listings with price cut
54.5%
Sold below listing
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Nahant Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,334 Nahant
    $2,133 Boston Metro
    $1,345 United States

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

  • 3.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No recent data Rent list price / sq ft
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