Home Values

02852 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

$277,800

  • 3.8% 1-year change
  • -0.6% 1-year forecast

The median home value in 02852 is $277,800. 02852 home values have gone up 3.8% over the past year and Zillow predicts they will fall -0.6% within the next year. The median list price per square foot in 02852 is $186, which is higher than the Providence Metro average of $174. The median price of homes currently listed in 02852 is $289,900 while the median price of homes that sold is $239,900. The median rent price in 02852 is $1,350, which is the same as the Providence Metro median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In 02852 2.6 homes are foreclosed (per 10,000). This is greater than the Providence Metro value of 2.4 and also lower 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 02852 homeowners underwater on their mortgage is 10.9%, which is lower than Providence Metro at 18.2%.

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Relative ZHVI
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02852 Market Overview

Data through Feb 28, 2015
  • $277,800 ZHVI
  • -0.6% 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)
  • $289,900 Median listing price
  • No recent data Median sale price
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02852 Market Health

Data through Feb 28, 2015
  • 7.9/10 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.
  • No data Average days on Zillow
  • 10.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.6 homes 02852
2.4 homes Providence Metro
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
02835 $519,500
02874 $366,100
02818 $345,800
Name Median ZHVI
02881 $274,000
02892 $253,000
02886 $170,500
Name Median ZHVI
02888 $160,500
02889 $159,800
02893 $151,800

Listings & Sales

Data through Feb 28, 2015
  • $186 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 11.7% Listings with price cut
39.4%
Sold below listing
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02852 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,696 02852
    $1,529 Providence Metro
    $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

  • 5.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,350 Rent list price
  • $1.23 Rent list price / sq ft
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