Home Prices and Rents – Mountain View, CA 94043

Home Prices and Rents – Mountain View, CA 94043


94043 Home Prices & Values

$1,291,700

The median home value in 94043 is $1,291,700. 94043 home values have gone up 2.3% over the past year and Zillow predicts they will fall -2.1% within the next year. The median list price per square foot in 94043 is $830, which is lower than theMountain View average of $862. The median price of homes currently listed in 94043 is $1,349,000. The median rent price in 94043 is $3,995, which is higher than the Mountain View median of $3,800.

Foreclosures will be a factor impacting home values in the next several years. In 94043 1.2 homes are foreclosed (per 10,000). This is greater than the Mountain View value of 0.6 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 94043 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 94043 homeowners underwater on their mortgage is 0.0%, which is higher than Mountain View at 0.0%.

Market Overview

Data through May 31, 2017

$1,291,700 ZHVI

-2.1% 1-yr forecast (May 31, 2018)

$1,349,000 Median listing price

Market Health

Data through May 31, 2017

7.3/10 Healthy

Listings & Sales

Data through May 31, 2017

$830 Median list price / sq ft

Rentals

Data through May 31, 2017

ZILLOW RENT INDEX

5.5 Breakeven horizon (Sep 30, 2016)

$3,995 Rent list price

$3.12 Rent list price / sq ft