Home Values

Shutesbury 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

Foreclosures will be a factor impacting home values in the next several years. In Shutesbury 9.7 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 3.5 and also greater 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 Shutesbury is 11.1%, 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 Shutesbury homeowners underwater on their mortgage is 6.8%, which is lower than Springfield Metro at 14.4%.

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Relative ZHVI
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Shutesbury Market Overview

  • No data
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Shutesbury Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 6.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 11.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

9.7 homes(Dec 31, 2012) Shutesbury
3.5 homes Springfield Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Leverett $304,800
Pelham $291,400
Amherst $288,600
Name Median ZHVI
Sunderland $261,400
Town of Belchertown $244,700
South Deerfield $238,400
Name Median ZHVI
Montague $213,200
New Salem $201,000
Erving $171,300

Listings & Sales

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Shutesbury Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,758 Shutesbury
    $1,556 Springfield 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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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