Home Values

03062 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

$246,700

  • 5.5% 1-year change
  • 3.6% 1-year forecast

The median home value in 03062 is $246,700. 03062 home values have gone up 5.5% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in 03062 is $178, which is higher than the Nashua average of $146. The median price of homes currently listed in 03062 is $285,000 while the median price of homes that sold is $260,530.

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 03062 is 2.4%, 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 03062 homeowners underwater on their mortgage is 17.1%, which is lower than Nashua at 20.8%.

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Relative ZHVI
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03062 Market Overview

Data through Nov 30, 2014
  • $246,700 ZHVI
  • 3.6% 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)
  • $285,000 Median listing price
  • $260,530 Median sale price
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03062 Market Health

Data through Nov 30, 2014
  • 8.7/10 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.
  • No data Average days on Zillow
  • 17.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
01827 $436,800
01450 $424,800
03049 $402,000
Name Median ZHVI
01879 $343,700
01463 $306,500
03051 $261,100
Name Median ZHVI
03064 $234,700
03063 $212,200
03060 $206,500

Listings & Sales

Data through Nov 30, 2014
  • $178 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
18.2%
Sold below listing
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03062 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,750 03062
    $1,647 Nashua
    $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

  • 2.1 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 data Rent list price / sq ft
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