Home Values

Town of Bellingham 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

$268,100

  • 6.5% 1-year change
  • 1.5% 1-year forecast

The median home value in Town of Bellingham is $268,100. Town of Bellingham home values have gone up 6.5% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Town of Bellingham is $165, which is lower than the Boston Metro average of $224. The median price of homes currently listed in Town of Bellingham is $274,900 while the median price of homes that sold is $261,535. The median rent price in Town of Bellingham is $1,595, which is lower than the Boston Metro median of $2,200.

Foreclosures will be a factor impacting home values in the next several years. In Town of Bellingham 1.3 homes are foreclosed (per 10,000). This is 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 Town of Bellingham is 8.2%, 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 Town of Bellingham homeowners underwater on their mortgage is 11.0%, which is higher than Boston Metro at 9.6%.

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Relative ZHVI
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Town of Bellingham Market Overview

Data through Nov 30, 2014
  • $268,100 ZHVI
  • 1.5% 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)
  • $274,900 Median listing price
  • No recent data Median sale price
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Town of Bellingham Market Health

Data through Nov 30, 2014
  • 3.6/10 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
  • 11.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.3 homes(Oct 31, 2014) Town of Bellingham
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Medway $385,100
Mendon $369,900
Franklin $361,800
Name Median ZHVI
Town of Hopedale $266,100
Town of Milford $256,200
Millville $239,600
Name Median ZHVI
Cumberland $238,700
Blackstone $234,700
Woonsocket $148,300

Listings & Sales

Data through Nov 30, 2014
  • $165 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
24.1%
Sold below listing
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Town of Bellingham Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,985 Town of Bellingham
    $2,137 Boston Metro
    $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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,595 Rent list price
  • $1.13 Rent list price / sq ft
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