Home Values

Newbury 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

$464,000

  • 1.9% 1-year change
  • 0.2% 1-year forecast

The median home value in Newbury is $464,000. Newbury home values have gone up 1.9% over the past year and Zillow predicts they will rise 0.2% within the next year. The median list price per square foot in Newbury is $316, which is higher than the Boston Metro average of $224. The median price of homes currently listed in Newbury is $600,000 while the median price of homes that sold is $465,000. The median rent price in Newbury is $2,700, which is higher than the Boston Metro median of $2,200.

Foreclosures will be a factor impacting home values in the next several years. In Newbury 3.6 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

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 Newbury is 0.0%, 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 Newbury homeowners underwater on their mortgage is 5.5%, which is lower than Boston Metro at 9.6%.

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Relative ZHVI
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Newbury Market Overview

Data through Nov 30, 2014
  • $464,000 ZHVI
  • 0.2% 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)
  • $600,000 Median listing price
  • No recent data Median sale price
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Newbury Market Health

Data through Nov 30, 2014
  • 5.5/10 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
  • 5.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
West Newbury $500,900
Hamilton $470,500
Town of Ipswich $435,300
Name Median ZHVI
Newburyport $429,000
Town of Rowley $413,500
Georgetown $413,000
Name Median ZHVI
Town of Salisbury $321,400
Town of Amesbury $287,700
Seabrook $284,500

Listings & Sales

Data through Nov 30, 2014
  • $316 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
9.1%
Sold below listing
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Newbury Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,131 Newbury
    $2,137 Boston Metro
    $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

  • 2.8 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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