Town of Sturbridge Home Prices & Values

$239,400 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

  • 1.1% 1-year change
  • 2.0% 1-year forecast

The median home value in Town of Sturbridge is $239,400. Town of Sturbridge home values have gone up 1.1% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Town of Sturbridge is $167, which is higher than the Worcester Metro average of $152. The median price of homes currently listed in Town of Sturbridge is $279,900 while the median price of homes that sold is $205,000. The median rent price in Town of Sturbridge is $1,050, which is lower than the Worcester Metro median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In Town of Sturbridge 3.9 homes are foreclosed (per 10,000). This is greater than the Worcester Metro value of 2.6 and also 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 Sturbridge is 6.6%, 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 Town of Sturbridge homeowners underwater on their mortgage is 17.4%, which is lower than Worcester Metro at 19.1%.

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Relative ZHVI
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Town of Sturbridge Market Overview

Data through Aug 31, 2014
  • $239,400 ZHVI
  • 2.0% 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

    (Aug 31, 2015)
  • $279,900 Median listing price
  • No recent data Median sale price
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Town of Sturbridge Market Health

Data through Aug 31, 2014
  • 3.0/10 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
  • 17.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.9 homes(Jul 31, 2014) Town of Sturbridge
2.6 homes Worcester Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Charlton $258,800 Fiskdale $239,300 Brimfield $235,000
Dudley $211,500 Town of East Brookfield $209,000 Woodstock $204,100
Town of Holland $193,600 Brookfield $192,200 Town of Southbridge $157,000

Listings & Sales

Data through Aug 31, 2014
  • $167 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 52.0% Listings with price cut
46.7%
Sold below listing
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Town of Sturbridge Rentals

Data through Aug 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
$1,515 Town of Sturbridge
$1,461 Worcester Metro
$1,328 United States
  • 3.0 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, 2014)
  • $1,050 Rent list price
  • $1.34 Rent list price / sq ft
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