Home Values

Town of Hopedale 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

$260,700

  • -0.6% 1-year change
  • 0.7% 1-year forecast

The median home value in Town of Hopedale is $260,700. Town of Hopedale home values have declined -0.6% over the past year and Zillow predicts they will rise 0.7% within the next year. The median list price per square foot in Town of Hopedale is None. The median rent price in Town of Hopedale is $1,100, which is lower than the Worcester Metro median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Town of Hopedale 11.6 homes are foreclosed (per 10,000). This is greater than the Worcester Metro value of 6.1 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 Hopedale is 8.8%, 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 Hopedale homeowners underwater on their mortgage is 13.1%, which is lower than Worcester Metro at 18.0%.

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Relative ZHVI
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Town of Hopedale Market Overview

Data through Apr 30, 2015
  • $260,700 ZHVI
  • 0.7% 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 Hopedale Market Health

Data through Apr 30, 2015
  • 7.1/10 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
  • 13.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.8% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

11.6 homes(Oct 31, 2014) Town of Hopedale
6.1 homes Worcester Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Town of Hopkinton $504,100
Upton $414,700
Mendon $362,600
Name Median ZHVI
Upton-West Upton $268,300
Northbridge $267,000
Town of Bellingham $260,400
Name Median ZHVI
Town of Milford $256,700
Millville $256,400
Blackstone $220,000

Listings & Sales

  • No data
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Town of Hopedale Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,806 Town of Hopedale
    $1,562 Worcester 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

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