Home Values

02657 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

$474,400

  • 4.2% 1-year change
  • 2.1% 1-year forecast

The median home value in 02657 is $474,400. 02657 home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in 02657 is $627, which is higher than the Town of Provincetown average of $614. The median price of homes currently listed in 02657 is $499,000 while the median price of homes that sold is $530,769.

Foreclosures will be a factor impacting home values in the next several years. In 02657 1.7 homes are foreclosed (per 10,000). This is the same as the Town of Provincetown value of 1.7 and also lower than the national value of 4.5

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 02657 is 0.0%, 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 02657 homeowners underwater on their mortgage is 7.6%, which is the same as Town of Provincetown at 7.6%.

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Relative ZHVI
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02657 Market Overview

Data through Oct 31, 2014
  • $474,400 ZHVI
  • 2.1% 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
    (Oct 31, 2015)
  • $499,000 Median listing price
  • $530,769 Median sale price (Aug 31, 2014)
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02657 Market Health

Data through Oct 31, 2014
  • 6.9/10 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
  • 7.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Zip Codes

Name Median ZHVI
02666 $602,600
02667 $528,900
02332 $520,200
Name Median ZHVI
02642 $414,600
02050 $378,500
02360 $295,500

Listings & Sales

Data through Oct 31, 2014
  • $627 Median list price / sq ft
  • $658 Median sale price / sq ft (Aug 31, 2014)
  • 30.6% Listings with price cut
19.7%
Sold below listing
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02657 Rentals

Data through Oct 31, 2014
  • 9.0 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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