Home Values

02540 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 list price per square foot in 02540 is None.

Foreclosures will be a factor impacting home values in the next several years. In 02540 1.2 homes are foreclosed (per 10,000). This is the same as the Town of Falmouth value of 1.2 and also lower than the national value of 3.0

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 02540 homeowners underwater on their mortgage is 4.1%, which is higher than Town of Falmouth at 3.9%.

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Relative ZHVI
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02540 Market Overview

  • No data
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02540 Market Health

Data through Mar 31, 2015
  • 8.4/10 Very 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 4.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
02543 $726,100
02568 $532,400
02557 $484,900
Name Median ZHVI
02556 $471,400
02559 $344,500
02649 $323,200
Name Median ZHVI
02536 $311,900
02644 $291,600
02532 $288,000

Listings & Sales

  • No data
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02540 Rentals

Data through Mar 31, 2015
  • 6.1 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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