Home Values

Town of Northfield 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 price of homes currently listed in Town of Northfield is $239,900.

Foreclosures will be a factor impacting home values in the next several years. In Town of Northfield 23.7 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 3.2 and also greater than the national value of 4.0

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 Northfield is 10.0%, which is higher than the national value of 6.4%. 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 Northfield homeowners underwater on their mortgage is 7.0%, which is lower than Springfield Metro at 13.5%.

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Relative ZHVI
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Town of Northfield Market Overview

Data through Jan 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $239,900 Median listing price
  • No data Median sale price
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Town of Northfield Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 7.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

23.7 homes Town of Northfield
3.2 homes Springfield Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Guilford $199,200
Vernon $194,500
Town of Winchester $133,700
Name Median ZHVI
Town of Hinsdale $120,900
 
 

Listings & Sales

Data through Jan 31, 2015
  • $117 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
53.8%
Sold below listing
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Town of Northfield Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,647 Town of Northfield
    $1,491 Springfield Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2 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 data Rent list price
  • No data Rent list price / sq ft
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