Home Values

Town of Lee 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

Foreclosures will be a factor impacting home values in the next several years. In Town of Lee 6.9 homes are foreclosed (per 10,000). This is greater than the Pittsfield Metro value of 4.7 and also greater than the national value of 3.8

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 Lee is 4.9%, which is lower than the national value of 6.0%. 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 Town of Lee homeowners underwater on their mortgage is 9.7%, which is lower than Pittsfield Metro at 13.5%.

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Relative ZHVI
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Town of Lee Market Overview

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Town of Lee Market Health

Data through Jun 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 9.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.9% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

7(Jan 31, 2015) Town of Lee
5 Pittsfield Metro
4 United States
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Nearby Cities

Name Median ZHVI
Monterey $399,200
Stockbridge $356,700
Richmond $339,000
Name Median ZHVI
West Stockbridge $320,200
Town of Lenox $319,300
Town of Great Barrington $300,600
Name Median ZHVI
Otis $268,900
Becket $197,400
Pittsfield $145,600

Listings & Sales

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Town of Lee Rentals

Data through Jun 30, 2015
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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