Home Values

02347 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

$319,400

  • 3.9% 1-year change
  • 2.5% 1-year forecast

The median home value in 02347 is $319,400. 02347 home values have gone up 3.9% over the past year and Zillow predicts they will rise 2.5% within the next year. The median list price per square foot in 02347 is $194, which is higher than the North Lakeville average of $193. The median price of homes currently listed in 02347 is $359,900 while the median price of homes that sold is $339,250. The median rent price in 02347 is $1,495, which is the same as the North Lakeville median of $1,495.

Foreclosures will be a factor impacting home values in the next several years. In 02347 12.3 homes are foreclosed (per 10,000). This is lower than the North Lakeville value of 35.5 and also greater than the national value of 3.9

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 02347 homeowners underwater on their mortgage is 12.0%.

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Relative ZHVI
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02347 Market Overview

Data through Feb 28, 2015
  • $319,400 ZHVI
  • 2.5% 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
    (Feb 29, 2016)
  • $359,900 Median listing price
  • No recent data Median sale price
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02347 Market Health

Data through Feb 28, 2015
  • 5.0/10 Stable
    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
  • 12.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
02770 $325,600
02779 $294,400
02702 $273,300
Name Median ZHVI
02767 $265,900
02717 $262,400
02346 $249,800
Name Median ZHVI
02743 $227,000
02718 $221,400
02745 $181,900

Listings & Sales

Data through Feb 28, 2015
  • $194 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.3% Listings with price cut
6.7%
Sold below listing
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02347 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,844 02347
    $1,794 North Lakeville
    $1,355 United States

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

  • 4.0 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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