Home Values

02780 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

$222,500

  • 2.3% 1-year change
  • 1.2% 1-year forecast

The median home value in 02780 is $222,500. 02780 home values have gone up 2.3% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in 02780 is $152, which is lower than the Taunton average of $152. The median price of homes currently listed in 02780 is $223,900 while the median price of homes that sold is $213,000. The median rent price in 02780 is $1,000, which is the same as the Taunton median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In 02780 1.9 homes are foreclosed (per 10,000). This is the same as the Taunton value of 1.9 and also lower than the national value of 4.2

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 02780 is 9.7%, which is higher 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 02780 homeowners underwater on their mortgage is 23.9%, which is higher than Taunton at 23.6%.

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Relative ZHVI
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02780 Market Overview

Data through Nov 30, 2014
  • $222,500 ZHVI
  • 1.2% 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
    (Nov 30, 2015)
  • $223,900 Median listing price
  • No recent data Median sale price
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02780 Market Health

Data through Nov 30, 2014
  • 0.9/10 Less 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
  • 23.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 9.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.9 homes(Oct 31, 2014) 02780
1.9 homes(Oct 31, 2014) Taunton
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
02356 $380,100
02779 $313,100
02375 $303,500
Name Median ZHVI
02702 $295,500
02767 $283,300
02715 $278,400
Name Median ZHVI
02766 $277,500
02764 $261,000
02718 $237,400

Listings & Sales

Data through Nov 30, 2014
  • $152 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
27.7%
Sold below listing
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02780 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,514 02780
    $1,516 Taunton
    $1,342 United States

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

  • 3.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,000 Rent list price
  • $1.12 Rent list price / sq ft
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