Home Values

Turners Falls 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Turners Falls is $159,000.

Foreclosures will be a factor impacting home values in the next several years. In Turners Falls 23.8 homes are foreclosed (per 10,000). This is greater than the Springfield Metro value of 1.5 and also greater than the national value of 3.9

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 Turners Falls is 10.4%, which is higher than the national value of 6.3%. 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 Turners Falls homeowners underwater on their mortgage is 12.1%, which is lower than Springfield Metro at 14.4%.

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Relative ZHVI
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Turners Falls Market Overview

  • No data
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Turners Falls Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 12.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 10.4% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

23.8 homes(Nov 30, 2014) Turners Falls
1.5 homes Springfield Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Conway $288,100
Montague $213,200
Town of Northfield $208,000
Name Median ZHVI
Gill $204,000
Bernardston $198,600
Colrain $180,200
Name Median ZHVI
Erving $171,300
Town of Greenfield $166,400
 

Listings & Sales

Data through Feb 28, 2015
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 12.5% Listings with price cut
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Turners Falls Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,531 Turners Falls
    $1,501 Springfield Metro
    $1,355 United States

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

  • 1.8 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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