05161 Home Values & Market Trends

There are 2 homes currently listed for 05161. 05161 real estate market trends show that home prices range from $195,000 to $848,000, and the median sales price in the 05161 zip code is $500,935.44. The total number of properties sold within the past twelve months is 14. In 05161, 0 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.

05161 Real Estate Market Overview

CityMedian Est. Value
Weston

$ 454,705

$ 259/sqft

Housing Market Summary for 05161

Feb 2023January 2024Change
Median Listing Price$195K$1.5M694.66%
Median Sold Price$291.7K$1.5M431.15%
Homes For Sale11-
Homes Sold122-83.33%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 05161

The median list price of a home in Weston, is $500,935.44. A total of 2 properties are for sale, and the percentage of properties for sale in the zip code is 2.00%. The total count of 05161 properties is 407.

Foreclosure
There is 1 cities within 05161; within this cities, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in 05161 with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 05161 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 05161; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 05161 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 05161. There is 1 cities within 05161; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 05161. Auction homes and other auction properties account for 0% of all properties in 05161. There is 1 cities within 05161; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.49% of residential properties in 05161 with weston containing 2 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 05161; homes for sale in that cities, have a range of median values from $644,911 in weston to the lowest value of $264,500 in weston.
    Sold Homes
    The median value for recently sold homes ranges from $1,666,005 in weston to the lowest price of $104,588 in weston. There is 1 cities within 05161. weston has 10 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.46% of properties in 05161.

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      Guide for 05161

      gavel for real estate auction
      Home Buying Guides & Tips
      Vermont Foreclosure Laws
      A house that has been flipped
      Fix and Flip
      How To Flip An REO Property For Profit
      Investment Financing
      What You Need to Know About REO Property Financing
      Market Reports
      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      See More Articles
      gavel for real estate auction
      Vermont Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Vermont Foreclosure Laws

      A house that has been flipped
      How To Flip An REO Property For Profit
      Fix and Flip|posted 14 February 2024

      House flipping is a real estate investing strategy involving purchasing properties, investing some capital in renovations, and putting them back on the market. The difference between the cost of the REO property plus repairs and the final price when it’s eventually sold off is the profit. According to data from Attom, the average return on […]

      What You Need to Know About REO Property Financing
      Investment Financing|posted 14 February 2024

      Although it’s true it can be harder to find financing for Real Estate Owned (REO) properties compared to regularly listed properties, the banks owning them are very motivated to sell – especially if they own other properties in the area. Research shows that vacant properties reduce taxable value in the neighborhood – not to mention […]

      Virginia Beach House Values Show Impressive Uptrend: Average Value Soars from $375k to $405k in 2023
      Market Reports|posted 13 February 2024

      The property market in Virginia Beach, VA, has generally seen an increase in property values, per square foot values, and sold prices from 2022 to 2023. Factors such as economic growth and societal changes may contribute to this upward trend.

      Recently Listed Homes 05161

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