Home Values

Newberry 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

$164,000

  • 3.9% 1-year change
  • 0.7% 1-year forecast

The median home value in Newberry is $164,000. Newberry home values have gone up 3.9% over the past year and Zillow predicts they will rise 0.7% within the next year. The median list price per square foot in Newberry is $99, which is lower than the Gainesville Metro average of $99. The median price of homes currently listed in Newberry is $181,900 while the median price of homes that sold is $172,945. The median rent price in Newberry is $1,200, which is higher than the Gainesville Metro median of $895.

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 Newberry is 8.4%, which is higher than the national value of 6.9%. 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 Newberry homeowners underwater on their mortgage is 25.1%, which is higher than Gainesville Metro at 23.3%.

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Relative ZHVI
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Newberry Market Overview

Data through Oct 31, 2014
  • $164,000 ZHVI
  • 0.7% 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
    (Oct 31, 2015)
  • $181,900 Median listing price
  • No recent data Median sale price
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Newberry Market Health

Data through Oct 31, 2014
  • 0.6/10 Less 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
  • 25.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Archer $153,200
Micanopy $148,300
Alachua $146,400
Name Median ZHVI
High Springs $143,900
Gainesville $136,800
Manattee Road $104,800
Name Median ZHVI
Williston $96,500
Bronson $81,000
Chiefland $62,600

Listings & Sales

Data through Oct 31, 2014
  • $99 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.1% Listings with price cut
19.9%
Sold below listing
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Newberry Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,310 Newberry
    $1,166 Gainesville Metro
    $1,337 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $0.72 Rent list price / sq ft
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