Home Values

Town of Westerly 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

$304,700

  • 4.1% 1-year change
  • 1.4% 1-year forecast

The median home value in Town of Westerly is $304,700. Town of Westerly home values have gone up 4.1% over the past year and Zillow predicts they will rise 1.4% within the next year. The median list price per square foot in Town of Westerly is None.

Foreclosures will be a factor impacting home values in the next several years. In Town of Westerly 3.9 homes are foreclosed (per 10,000). This is lower than the Providence Metro value of 5.5 and also greater than the national value of 3.5

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 Town of Westerly is 5.3%, which is lower than the national value of 6.0%. 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 Westerly homeowners underwater on their mortgage is 10.3%, which is lower than Providence Metro at 16.2%.

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Relative ZHVI
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Town of Westerly Market Overview

Data through May 31, 2015
  • $304,700 ZHVI
  • 1.4% 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
    (May 31, 2016)
  • No data Median listing price
  • $243,529 Median sale price (Apr 30, 2015)
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Town of Westerly Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 10.3% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 5.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3.9 homes Town of Westerly
5.5 homes Providence Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Town of Stonington $379,900
Noank $376,300
Mystic $331,300
Name Median ZHVI
Charlestown $312,600
North Stonington $229,400
Richmond $227,700
Name Median ZHVI
Pawcatuck $226,500
Old Mystic $194,200
Ashaway $192,700

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $180 Median sale price / sq ft
  • No data Listings with price cut
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Town of Westerly Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,684 Town of Westerly
    $1,549 Providence Metro
    $1,367 United States

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

  • 6.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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