Home Values

Town of Pepperell 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

$294,600

  • 6.3% 1-year change
  • 0.3% 1-year forecast

The median home value in Town of Pepperell is $294,600. Town of Pepperell home values have gone up 6.3% over the past year and Zillow predicts they will rise 0.3% within the next year. The median list price per square foot in Town of Pepperell is $158, which is lower than the Boston Metro average of $224. The median price of homes currently listed in Town of Pepperell is $319,900 while the median price of homes that sold is $311,724.

Foreclosures will be a factor impacting home values in the next several years. In Town of Pepperell 3.6 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 Pepperell 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 Town of Pepperell homeowners underwater on their mortgage is 11.3%, which is higher than Boston Metro at 10.6%.

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Relative ZHVI
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Town of Pepperell Market Overview

Data through Aug 31, 2014
  • $294,600 ZHVI
  • 0.3% 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)
  • $319,900 Median listing price
  • $311,724 Median sale price (Jul 31, 2014)
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Town of Pepperell Market Health

Data through Aug 31, 2014
  • 6.4/10 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
  • 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)

3.6 homes Town of Pepperell
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Harvard $508,900
Dunstable $428,700
Town of Groton $425,800
Name Median ZHVI
Hollis $392,200
Town of Shirley $270,900
Town of Ayer $260,900
Name Median ZHVI
Town of Lunenburg $245,300
Town of Townsend $234,800
Nashua $220,100

Listings & Sales

Data through Aug 31, 2014
  • $158 Median list price / sq ft
  • $151 Median sale price / sq ft (Jul 31, 2014)
  • 40.0% Listings with price cut
27.2%
Sold below listing
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Town of Pepperell Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,879 Town of Pepperell
    $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

  • 2.6 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 recent data Rent list price / sq ft
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