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

None

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

The median price of homes currently listed in Newbury is $199,900.

Foreclosures will be a factor impacting home values in the next several years. In Newbury 53.3 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 5.1 and also greater than the national value of 4.5

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 7.9%, 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 Newbury homeowners underwater on their mortgage is 9.2%, which is lower than Cleveland Metro at 20.8%.

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Relative ZHVI
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Newbury Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $199,900 Median listing price
  • No data Median sale price
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Newbury Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 9.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

53.3 homes(Jul 31, 2014) Newbury
5.1 homes Cleveland Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
South Russell $292,100
Chagrin Falls $283,300
Bainbridge $239,200
Name Median ZHVI
Novelty $226,700
Kirtland $225,300
Chesterland $199,400
Name Median ZHVI
Hiram $181,300
Burton $145,600
Chardon $139,900

Listings & Sales

Data through Oct 31, 2014
  • $110 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 59.0% Listings with price cut
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Newbury Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,368 Newbury
    $1,154 Cleveland 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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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