Home Values

02459 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

$928,800

  • -0.6% 1-year change
  • 1.3% 1-year forecast

The median home value in 02459 is $928,800. 02459 home values have declined -0.6% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in 02459 is None. The median rent price in 02459 is $2,400, which is lower than the Needham median of $2,645.

Foreclosures will be a factor impacting home values in the next several years. In 02459 1.7 homes are foreclosed (per 10,000). This is greater than the Needham value of 1.0 and also lower than the national value of 3.0

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 02459 homeowners underwater on their mortgage is 2.3%, which is lower than Needham at 3.0%.

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Relative ZHVI
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02459 Market Overview

Data through Mar 31, 2015
  • $928,800 ZHVI
  • 1.3% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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02459 Market Health

Data through Mar 31, 2015
  • 9.4/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 2.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
02468 $1,123,400
02467 $816,700
02461 $794,100
Name Median ZHVI
02458 $743,500
02460 $735,600
02465 $716,000
Name Median ZHVI
02494 $679,400
02464 $516,500
02132 $437,200

Listings & Sales

  • No data
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02459 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $3,082 02459
    $3,532 Needham
    $1,362 United States

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

  • 3.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,400 Rent list price
  • No data Rent list price / sq ft
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