Home Values

01033 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

$214,200

  • 0.2% 1-year change
  • 1.8% 1-year forecast

The median home value in 01033 is $214,200. 01033 home values have gone up 0.2% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in 01033 is $148, which is the same as the Town of Granby average of $148. The median price of homes currently listed in 01033 is $283,000 while the median price of homes that sold is $200,000.

Foreclosures will be a factor impacting home values in the next several years. In 01033 8.6 homes are foreclosed (per 10,000). This is the same as the Town of Granby value of 8.6 and also greater 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 01033 is 8.7%, which is higher 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 01033 homeowners underwater on their mortgage is 11.4%, which is the same as Town of Granby at 11.4%.

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Relative ZHVI
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01033 Market Overview

Data through Aug 31, 2014
  • $214,200 ZHVI
  • 1.8% 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
    (Aug 31, 2015)
  • $283,000 Median listing price
  • No recent data Median sale price
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01033 Market Health

Data through Aug 31, 2014
  • 4.8/10 Stable
    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
  • 11.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

8.6 homes 01033
8.6 homes Town of Granby
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI
01035 $302,300
01002 $297,700
01007 $251,700
Name Median ZHVI
01075 $201,200
01056 $194,000
01020 $165,200
Name Median ZHVI
01119 $133,400
01151 $115,900
01022 $111,000

Listings & Sales

Data through Aug 31, 2014
  • $148 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 47.6% Listings with price cut
63.6%
Sold below listing
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01033 Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,434 01033
    $1,428 Town of Granby
    $1,328 United States

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

  • 4.1 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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