Home Prices and Rents – Mountain View, CA 94089

Home Prices and Rents – Mountain View, CA 94089


Home Prices & Values

ZILLOW HOME VALUE INDEX

$1,010,700

8.3% 1-year change-0.3% 1-year forecast

The median home value in 94089 is $1,010,700. 94089 home values have gone up 8.3% over the past year and Zillow predicts they will fall -0.3% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 94089 3.8 homes are foreclosed (per 10,000). This is greater than the San Jose Metro 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 94089 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 94089 homeowners underwater on their mortgage is 0.0%, which is higher than San Jose Metro at 0.0%.

Market Overview

Data through May 31, 2017

$1,010,700 ZHVI

-0.3% 1-yr forecast (May 31, 2018)

Market Health

Data through May 31, 2017

9.7/10 Very healthy

HOMES FORECLOSED (per 10,000): (Nov 30, 2014)

Rentals

Data through May 31, 2017

ZILLOW RENT INDEX

$3,431 94089

$3,484 San Jose Metro

$1,426 United States

4.1 Breakeven horizon (Sep 30, 2016)