Corte Madera Home Prices & Values

$1,081,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.6% 1-year change
  • 5.3% 1-year forecast

The median home value in Corte Madera is $1,081,900. Corte Madera home values have gone up 12.6% over the past year and Zillow predicts they will rise 5.3% within the next year. The median list price per square foot in Corte Madera is $573, which is higher than the San Francisco Metro average of $410. The median price of homes currently listed in Corte Madera is $850,000 while the median price of homes that sold is $1,089,000.

Foreclosures will be a factor impacting home values in the next several years. In Corte Madera 1.7 homes are foreclosed (per 10,000). This is greater than the San Francisco Metro value of 1.5 and also lower than the national value of 4.4

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 Corte Madera is 0.0%, which is lower than the national value of 6.9%. 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 Corte Madera homeowners underwater on their mortgage is 2.8%, which is lower than San Francisco Metro at 8.2%.

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Relative ZHVI
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Corte Madera Market Overview

Data through Jul 31, 2014
  • $1,081,900 ZHVI
  • 5.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $850,000 Median listing price
  • No recent data Median sale price
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Corte Madera Market Health

Data through Jul 31, 2014
  • 10.0/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 2.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.7 homes(Nov 30, 2013) Corte Madera
1.5 homes San Francisco Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Belvedere $2,870,800 Tiburon $1,942,000 Kentfield $1,667,100
Larkspur $1,262,900 Mill Valley $1,136,700 San Anselmo $1,013,000
Sausalito $1,008,500 San Rafael $776,700 Fairfax $717,500

Listings & Sales

Data through Jul 31, 2014
  • $573 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 32.5% Listings with price cut
12.5%
Sold below listing
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Corte Madera Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$4,302 Corte Madera
$2,874 San Francisco Metro
$1,318 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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