Home Values

Weymouth 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

$314,600

  • 5.5% 1-year change
  • 1.0% 1-year forecast

The median home value in Weymouth is $314,600. Weymouth home values have gone up 5.5% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Weymouth is $224, which is lower than the Boston Metro average of $224. The median price of homes currently listed in Weymouth is $299,999 while the median price of homes that sold is $275,250. The median rent price in Weymouth is $1,461, which is lower than the Boston Metro median of $2,200.

Foreclosures will be a factor impacting home values in the next several years. In Weymouth 2.3 homes are foreclosed (per 10,000). This is lower than the national value of 4.2

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 Weymouth is 7.2%, which is higher 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 Weymouth homeowners underwater on their mortgage is 10.9%, which is higher than Boston Metro at 9.6%.

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Relative ZHVI
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Weymouth Market Overview

Data through Nov 30, 2014
  • $314,600 ZHVI
  • 1.0% 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
    (Nov 30, 2015)
  • $299,999 Median listing price
  • $275,250 Median sale price (Sep 30, 2014)
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Weymouth Market Health

Data through Nov 30, 2014
  • 4.2/10 Less 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
  • 10.9% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.3 homes Weymouth
4.2 homes United States
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Neighborhoods in Weymouth

Name Median ZHVI
South Weymouth $330,300
Central Weymouth $315,200
North Weymouth $305,500
Name Median ZHVI
East Weymouth $300,900
 
 

Listings & Sales

Data through Nov 30, 2014
  • $224 Median list price / sq ft
  • $205 Median sale price / sq ft (Sep 30, 2014)
  • No data Listings with price cut
11.8%
Sold below listing
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Weymouth Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,040 Weymouth
    $2,137 Boston Metro
    $1,342 United States

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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,461 Rent list price
  • $1.82 Rent list price / sq ft
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