Home Values

03858 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

$272,900

  • 11.2% 1-year change
  • 2.3% 1-year forecast

The median home value in 03858 is $272,900. 03858 home values have gone up 11.2% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in 03858 is $161, which is higher than the Newton average of $146. The median price of homes currently listed in 03858 is $269,900 while the median price of homes that sold is $280,000.

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 03858 is 3.1%, 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 03858 homeowners underwater on their mortgage is 11.2%, which is the same as Newton at 11.2%.

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Relative ZHVI
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03858 Market Overview

Data through Jan 31, 2015
  • $272,900 ZHVI
  • 2.3% 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
    (Jan 31, 2016)
  • $269,900 Median listing price
  • No recent data Median sale price
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03858 Market Health

Data through Jan 31, 2015
  • 8.7/10 Very 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 11.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
01985 $496,400
03827 $343,300
01860 $333,000
Name Median ZHVI
01913 $285,900
03826 $266,800
03819 $257,100
Name Median ZHVI
01830 $247,900
03848 $245,000
03865 $224,300

Listings & Sales

Data through Jan 31, 2015
  • $161 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
4.5%
Sold below listing
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03858 Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,844 03858
    $1,841 Newton
    $1,350 United States

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

  • 2.4 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 data Rent list price
  • No data Rent list price / sq ft
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