Home Prices and Rents – Santa Clara 95054
Zillow Home Value Index
$1,044,200
The median home value in 95054 is $1,044,200. 95054 home values have gone up 3.1% over the past year and Zillow predicts they will fall -1.7% within the next year.
Foreclosures will be a factor impacting home values in the next several years. In 95054 1.2 homes are foreclosed (per 10,000). This is greater than the Santa Clara value of 0.2 and also lower than the national value of 1.6
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 95054 is 0.0%, which is lower than the national value of 0.0%. 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 95054 homeowners underwater on their mortgage is 0.1%, which is higher than Santa Clara at 0.0%.
Market Overview
Data through May 31, 2017
- $1,044,200 ZHVI
- -1.7% 1-yr forecast (May 31, 2018)
- No data Median listing price
- No data Median sale price
Market Health
Data through May 31, 2017
- 8.2/10 Very healthy
- No data Average days on Zillow
- 0.1% Homes with negative equity (0.1% US Avg) (Mar 31, 2017)
- 0.0% Delinquent on mortgage (0.0% US Avg) (Mar 31, 2017)
Rentals
Data through May 31, 2017
Zillow Rent Index
-
- 4.9 Breakeven horizon (Sep 30, 2016)
- No data Rent list price
- No data Rent list price / sq ft