Home Prices and Rents – Sunnyvale, CA 94085
Home Prices & Values
$1,023,600
6.3% 1-year change
-1.1% 1-year forecast
The median home value in 94085 is $1,023,600. 94085 home values have gone up 6.3% over the past year and Zillow predicts they will fall -1.1% within the next year.
Foreclosures will be a factor impacting home values in the next several years. In 94085 1.9 homes are foreclosed (per 10,000). This is greater than the Sunnyvale value of 0.3 and also greater 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 94085 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 94085 homeowners underwater on their mortgage is 0.0%, which is higher than Sunnyvale at 0.0%.
Market Overview
Data through May 31, 2017
$1,023,600 ZHVI
-1.1% 1-yr forecast (May 31, 2018)
Market Health
Data through May 31, 2017
9.4/10 Very healthy
No data Average days on Zillow
Rentals
Data through May 31, 2017
ZILLOW RENT INDEX
$3,374
4.4 Breakeven horizon (Sep 30, 2016)