Home Values

Town of Greenfield 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 Town of Greenfield is $131, which is lower than the Springfield Metro average of $141. The median price of homes currently listed in Town of Greenfield is $189,900 while the median price of homes that sold is $197,950. The median rent price in Town of Greenfield is $3,700, which is higher than the Springfield Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Town of Greenfield 1.2 homes are foreclosed (per 10,000). This is lower than the Springfield Metro value of 1.9 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 Greenfield is 8.5%, 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 Town of Greenfield homeowners underwater on their mortgage is 11.4%, which is lower than Springfield Metro at 13.8%.

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Relative ZHVI
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Town of Greenfield Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $189,900 Median listing price
  • $197,950 Median sale price
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Town of Greenfield Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 11.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.2 homes(Jul 31, 2014) Town of Greenfield
1.9 homes Springfield Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Conway $281,600
Sunderland $261,000
South Deerfield $236,700
Name Median ZHVI
Montague $215,200
Town of Northfield $208,700
Gill $200,700
Name Median ZHVI
Bernardston $196,900
Colrain $178,300
Turners Falls $164,200

Listings & Sales

Data through Aug 31, 2014
  • $131 Median list price / sq ft
  • $126 Median sale price / sq ft
  • 41.9% Listings with price cut
17.7%
Sold below listing
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Town of Greenfield Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,547 Town of Greenfield
    $1,420 Springfield Metro
    $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

  • 2.1 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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