Home Values

Town of Medfield 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

$588,000

  • 2.9% 1-year change
  • 0.0% 1-year forecast

The median home value in Town of Medfield is $588,000. Town of Medfield home values have gone up 2.9% over the past year and Zillow predicts they will rise 0.0% within the next year. The median list price per square foot in Town of Medfield is None. The median rent price in Town of Medfield is $1,375, which is lower than the Boston Metro median of $2,395.

Foreclosures will be a factor impacting home values in the next several years. In Town of Medfield 2.6 homes are foreclosed (per 10,000). This is lower than the national value of 3.5

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 Medfield is 1.4%, 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 Medfield homeowners underwater on their mortgage is 3.4%, which is lower than Boston Metro at 8.5%.

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Relative ZHVI
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Town of Medfield Market Overview

Data through May 31, 2015
  • $588,000 ZHVI
  • 0.0% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Town of Medfield Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 3.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 1.4% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

2.6 homes(Apr 30, 2015) Town of Medfield
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Town of Dover $910,000
Sherborn $740,400
Westwood $631,700
Name Median ZHVI
Norfolk $455,800
Natick $438,600
Town of Walpole $410,000
Name Median ZHVI
East Walpole $394,000
Norwood $379,500
Millis $344,500

Listings & Sales

  • No data
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Town of Medfield Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $3,006 Town of Medfield
    $2,191 Boston Metro
    $1,367 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)
  • $1,375 Rent list price
  • $1.53 Rent list price / sq ft
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