Home Values

Town of Marshfield 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

$375,000

  • 1.8% 1-year change
  • -1.1% 1-year forecast

The median home value in Town of Marshfield is $375,000. Town of Marshfield home values have gone up 1.8% over the past year and Zillow predicts they will fall -1.1% within the next year. The median list price per square foot in Town of Marshfield is $226, which is higher than the Boston Metro average of $224. The median price of homes currently listed in Town of Marshfield is $427,000 while the median price of homes that sold is $382,905. The median rent price in Town of Marshfield is $1,450, which is lower than the Boston Metro median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In Town of Marshfield 0.8 homes are foreclosed (per 10,000). This is 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 Marshfield is 6.7%, which is lower 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 Marshfield homeowners underwater on their mortgage is 10.6%, which is lower than Boston Metro at 10.6%.

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Relative ZHVI
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Town of Marshfield Market Overview

Data through Aug 31, 2014
  • $375,000 ZHVI
  • -1.1% 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)
  • $427,000 Median listing price
  • $382,905 Median sale price (Jul 31, 2014)
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Town of Marshfield Market Health

Data through Aug 31, 2014
  • 4.1/10 Less 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.
  • No data Average days on Zillow
  • 10.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.8 homes Town of Marshfield
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Cohasset $755,400
Norwell $523,800
Town of Duxbury $518,200
Name Median ZHVI
Town of Scituate $480,600
Hanover $418,800
Plympton $334,900
Name Median ZHVI
Town of Kingston $323,800
Pembroke $319,800
Town of Hanson $313,300

Listings & Sales

Data through Aug 31, 2014
  • $226 Median list price / sq ft
  • $224 Median sale price / sq ft (Jul 31, 2014)
  • 50.0% Listings with price cut
24.0%
Sold below listing
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Town of Marshfield Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,998 Town of Marshfield
    $2,116 Boston 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

  • 3.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,450 Rent list price
  • No data Rent list price / sq ft
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