Town of Adams Home Prices & Values

$134,300 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

  • 3.3% 1-year change
  • 1.8% 1-year forecast

The median home value in Town of Adams is $134,300. Town of Adams home values have gone up 3.3% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Town of Adams is $103, which is lower than the Pittsfield Metro average of $163. The median price of homes currently listed in Town of Adams is $149,000 while the median price of homes that sold is $132,500.

Foreclosures will be a factor impacting home values in the next several years. In Town of Adams 3.4 homes are foreclosed (per 10,000). This is greater than the Pittsfield Metro value of 1.5 and also lower than the national value of 4.3

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 Town of Adams is 4.8%, which is lower than the national value of 6.9%. 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 Town of Adams homeowners underwater on their mortgage is 14.7%, which is higher than Pittsfield Metro at 12.3%.

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Relative ZHVI
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Town of Adams Market Overview

Data through Aug 31, 2014
  • $134,300 ZHVI
  • 1.8% 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

    (Aug 31, 2015)
  • $149,000 Median listing price
  • No recent data Median sale price
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Town of Adams Market Health

Data through Aug 31, 2014
  • 6.9/10 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 days on Zillow
  • 14.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.4 homes Town of Adams
1.5 homes Pittsfield Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Town of Williamstown $291,000 Hinsdale $212,400 Lanesboro $201,600
Hancock $201,400 Cheshire $182,900 Stamford $169,200
Dalton $164,100 Clarksburg $152,200 North Adams $127,600

Listings & Sales

Data through Aug 31, 2014
  • $103 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 39.0% Listings with price cut
46.7%
Sold below listing
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Town of Adams Rentals

Data through Aug 31, 2014
  • 1.4 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, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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