01534 Home Prices & Values

$274,800 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3% 1-year change
  • 0.3% 1-year forecast

The median home value in 01534 is $274,800. 01534 home values have gone up 1.3% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in 01534 is $170, which is the same as the Northbridge average of $170. The median price of homes currently listed in 01534 is $389,900 while the median price of homes that sold is $325,385. The median rent price in 01534 is $1,100, which is the same as the Northbridge median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In 01534 8.4 homes are foreclosed (per 10,000). This is lower than the Northbridge value of 9.5 and also greater than the national value of 4.4

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 01534 is 10.0%, 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 01534 homeowners underwater on their mortgage is 14.4%, which is the same as Northbridge at 14.4%.

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Relative ZHVI
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01534 Market Overview

Data through Jul 31, 2014
  • $274,800 ZHVI
  • 0.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $389,900 Median listing price
  • No recent data Median sale price
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01534 Market Health

Data through Jul 31, 2014
  • 1.0/10 Less healthy What's This?  
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    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
  • 14.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
01756 $364,000 01568 $355,100 01519 $337,600
01590 $303,600 01560 $300,100 01536 $268,500
01747 $257,400 01569 $251,700 01588 $226,400

Listings & Sales

Data through Jul 31, 2014
  • $170 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 44.4% Listings with price cut
36.4%
Sold below listing
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01534 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,755 01534
$1,709 Northbridge
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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