Home Values

Norwell 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 list price per square foot in Norwell is None. The median rent price in Norwell is $2,900, which is higher than the Boston Metro median of $2,400.

Foreclosures will be a factor impacting home values in the next several years. In Norwell 1.7 homes are foreclosed (per 10,000). This is lower than the national value of 3.9

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 Norwell is 7.7%, which is higher than the national value of 6.3%. 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 Norwell homeowners underwater on their mortgage is 4.4%, which is lower than Boston Metro at 9.8%.

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Relative ZHVI
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Norwell Market Overview

  • No data
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Norwell Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 4.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Cohasset $757,600
Town of Hingham $621,500
Town of Scituate $474,800
Name Median ZHVI
Hanover $404,200
Town of Marshfield $365,800
Weymouth $307,800
Name Median ZHVI
Pembroke $305,500
Town of Hanson $303,700
Rockland $239,100

Listings & Sales

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Norwell Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,523 Norwell
    $2,184 Boston Metro
    $1,364 United States

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

  • 4.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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