Rye Home Prices & Values

$596,900 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

  • 9.6% 1-year change
  • 3.1% 1-year forecast

The median home value in Rye is $596,900. Rye home values have gone up 9.6% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in Rye is $380, which is higher than the Boston Metro average of $230. The median price of homes currently listed in Rye is $875,000 while the median price of homes that sold is $676,154. The median rent price in Rye is $1,850, which is lower than the Boston Metro median of $2,300.

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 Rye is 3.1%, which is lower than the national value of 7.2%. 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 Rye homeowners underwater on their mortgage is 5.3%, which is lower than Boston Metro at 11.5%.

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Relative ZHVI
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Rye Market Overview

Data through Jun 30, 2014
  • $596,900 ZHVI
  • 3.1% 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

    (Jun 30, 2015)
  • $875,000 Median listing price
  • No recent data Median sale price
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Rye Market Health

Data through Jun 30, 2014
  • 8.7/10 Very 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 of days on Zillow
  • 5.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 3.1% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
New Castle $1,068,000 North Hampton $423,000 Greenland $340,300
Stratham $333,900 Portsmouth $313,100 Town of Durham $303,800
Town of Salisbury $296,300 Seabrook $289,200 Town of Hampton $280,000

Listings & Sales

Data through Jun 30, 2014
  • $380 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.7% Listings with price cut
25.5%
Sold below listing
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Rye Rentals

Data through Jun 30, 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
$2,077 Boston Metro
$1,310 United States
  • 5.0 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)
  • $1,850 Rent list price (May 31, 2014)
  • $1.49 Rent list price / sq ft (May 31, 2014)
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