Home Values

Town of Granby 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

$218,300

  • 1.8% 1-year change
  • 3.5% 1-year forecast

The median home value in Town of Granby is $218,300. Town of Granby home values have gone up 1.8% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Town of Granby is None.

Foreclosures will be a factor impacting home values in the next several years. In Town of Granby 11.9 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 3.5 and also greater than the national value of 3.9

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 Granby is 9.8%, which is higher than the national value of 6.3%. 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 Granby homeowners underwater on their mortgage is 10.6%, which is lower than Springfield Metro at 14.4%.

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Relative ZHVI
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Town of Granby Market Overview

Data through Apr 30, 2015
  • $218,300 ZHVI
  • 3.5% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Town of Granby Market Health

Data through Apr 30, 2015
  • 5.2/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 10.6% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 9.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

11.9 homes Town of Granby
3.5 homes Springfield Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Hadley $300,300
Pelham $291,400
Amherst $288,600
Name Median ZHVI
Town of Belchertown $244,700
South Hadley $195,800
Ludlow $194,100
Name Median ZHVI
Holyoke $166,500
Chicopee $154,800
Springfield $121,400

Listings & Sales

  • No data
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Town of Granby Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,538 Town of Granby
    $1,556 Springfield Metro
    $1,364 United States

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

  • 4.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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