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 14.3 homes are foreclosed (per 10,000). This is greater than the Cleveland Metro value of 6.5 and also greater than the national value of 4.0

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 6.1%, 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 14.3%, which is lower than Cleveland Metro at 20.7%.

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Relative ZHVI
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Newbury Market Overview

Data through Dec 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 Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 14.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

14.3 homes(Nov 30, 2014) Newbury
6.5 homes Cleveland Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
South Russell $293,700
Chagrin Falls $284,900
Bainbridge $244,400
Name Median ZHVI
Novelty $228,500
Kirtland $228,500
Chesterland $204,000
Name Median ZHVI
Hiram $182,600
Burton $147,100
Chardon $141,500

Listings & Sales

Data through Dec 31, 2014
  • $108 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 19.6% Listings with price cut
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Newbury Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,346 Newbury
    $1,165 Cleveland Metro
    $1,345 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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