Home Values

West Newbury 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

$497,300

  • 2.4% 1-year change
  • -0.3% 1-year forecast

The median home value in West Newbury is $497,300. West Newbury home values have gone up 2.4% over the past year and Zillow predicts they will fall -0.3% within the next year. The median price of homes currently listed in West Newbury is $544,500. The median rent price in West Newbury is $1,000, which is lower than the Boston Metro median of $2,371.

Foreclosures will be a factor impacting home values in the next several years. In West Newbury 4.4 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

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 West Newbury is 5.6%, which is lower than the national value of 6.4%. 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 West Newbury homeowners underwater on their mortgage is 4.8%, which is lower than Boston Metro at 9.6%.

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Relative ZHVI
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West Newbury Market Overview

Data through Jan 31, 2015
  • $497,300 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
    (Jan 31, 2016)
  • $544,500 Median listing price
  • No data Median sale price
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West Newbury Market Health

Data through Jan 31, 2015
  • 4.5/10 Stable
    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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 4.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Newbury $461,400
Newburyport $423,300
Town of Rowley $412,600
Name Median ZHVI
Georgetown $409,600
Groveland $349,900
Merrimac $333,100
Name Median ZHVI
Town of Amesbury $286,200
Newton $271,900
Haverhill $242,400

Listings & Sales

Data through Jan 31, 2015
  • $238 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
49.6%
Sold below listing
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West Newbury Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,512 West Newbury
    $2,149 Boston Metro
    $1,350 United States

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

  • 3.8 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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