01463 Home Prices & Values

$289,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.8% 1-year change
  • -0.6% 1-year forecast

The median home value in 01463 is $289,600. 01463 home values have gone up 4.8% over the past year and Zillow predicts they will fall -0.6% within the next year. The median list price per square foot in 01463 is $158, which is higher than the Town of Pepperell average of $158. The median price of homes currently listed in 01463 is $328,000 while the median price of homes that sold is $316,192. The median rent price in 01463 is $1,350, which is the same as the Town of Pepperell median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In 01463 1.7 homes are foreclosed (per 10,000). This is the same as the Town of Pepperell value of 1.7 and also lower than the national value of 4.4

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 01463 is 7.7%, which is higher 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 01463 homeowners underwater on their mortgage is 11.3%, which is the same as Town of Pepperell at 11.3%.

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Relative ZHVI
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01463 Market Overview

Data through Jul 31, 2014
  • $289,600 ZHVI
  • -0.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $328,000 Median listing price
  • $316,192 Median sale price (Jun 30, 2014)
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01463 Market Health

Data through Jul 31, 2014
  • 4.3/10 Less healthy What's This?  
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    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
  • 11.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.7 homes 01463
1.7 homes Town of Pepperell
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
01827 $422,500 01450 $417,900 03049 $397,000
01464 $270,300 01432 $259,100 01462 $246,900
03062 $241,300 01469 $231,900 03063 $207,800

Listings & Sales

Data through Jul 31, 2014
  • $158 Median list price / sq ft
  • $143 Median sale price / sq ft (Jun 30, 2014)
  • 38.2% Listings with price cut
30.2%
Sold below listing
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01463 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,870 01463
$1,868 Town of Pepperell
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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