Home Values

Sheffield 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 price of homes currently listed in Sheffield is $429,000.

Foreclosures will be a factor impacting home values in the next several years. In Sheffield 15.4 homes are foreclosed (per 10,000). This is greater than the Pittsfield Metro value of 6.7 and also greater than the national value of 4.0

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 Sheffield is 0.0%, which is lower than the national value of 6.4%. 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 Sheffield homeowners underwater on their mortgage is 4.8%, which is lower than Pittsfield Metro at 13.8%.

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Relative ZHVI
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Sheffield Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $429,000 Median listing price
  • No data Median sale price
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Sheffield Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 4.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

15.4 homes(Apr 30, 2014) Sheffield
6.7 homes Pittsfield Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Salisbury $489,400
Norfolk $338,500
North East $261,700

Listings & Sales

Data through Jan 31, 2015
  • $188 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Sheffield Rentals

Data through Jan 31, 2015
  • 2.9 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 data Rent list price
  • No data Rent list price / sq ft
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