Home Values

02744 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

None

  • None 1-year change
  • None 1-year forecast

The median rent price in 02744 is $950, which is higher than the New Bedford median of $900.

Foreclosures will be a factor impacting home values in the next several years. In 02744 17.9 homes are foreclosed (per 10,000). This is greater than the New Bedford value of 3.3 and also greater 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 02744 homeowners underwater on their mortgage is 14.0%, which is lower than New Bedford at 22.0%.

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Relative ZHVI
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02744 Market Overview

  • No data
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02744 Market Health

Data through Mar 31, 2015
  • 4.6/10 Stable
    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
  • 14.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

17.9 homes 02744
3.3 homes New Bedford
3 homes United States
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Nearby Zip Codes

Name Median ZHVI
02739 $379,600
02770 $325,600
02748 $322,500
Name Median ZHVI
02747 $258,700
02743 $227,000
02719 $218,200
Name Median ZHVI
02745 $181,900
02740 $163,500
02746 $156,800

Listings & Sales

  • No data
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02744 Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,283 02744
    $1,287 New Bedford
    $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

  • 3.0 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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