Home Values

Incline Village Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$609,300

  • 11.8% 1-year change
  • 4.3% 1-year forecast

The median home value in Incline Village is $609,300. Incline Village home values have gone up 11.8% over the past year and Zillow predicts they will rise 4.3% within the next year. The median list price per square foot in Incline Village is $379, which is higher than the Reno Metro average of $150. The median price of homes currently listed in Incline Village is $775,000 while the median price of homes that sold is $536,800. The median rent price in Incline Village is $1,950, which is higher than the Reno Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Incline Village 0.7 homes are foreclosed (per 10,000). This is lower than the Reno Metro value of 4.1 and also lower than the national value of 4.0

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 Incline Village homeowners underwater on their mortgage is 16.7%, which is lower than Reno Metro at 20.9%.

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Relative ZHVI
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Incline Village Market Overview

Data through Dec 31, 2014
  • $609,300 ZHVI
  • 4.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Dec 31, 2015)
  • $775,000 Median listing price
  • $536,800 Median sale price
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Incline Village Market Health

Data through Dec 31, 2014
  • 7.3/10 Healthy
    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
  • 16.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

0.7 homes(Nov 30, 2014) Incline Village
4.1 homes Reno Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Tahoe City $651,500
Homewood $618,000
Sunnyside-Tahoe City $548,800
Name Median ZHVI
Carnelian Bay $538,600
Truckee $499,500
Tahoe Vista $450,400
Name Median ZHVI
Zephyr Cove $430,000
Kings Beach $402,100
Carson City $198,900

Listings & Sales

Data through Dec 31, 2014
  • $379 Median list price / sq ft
  • $328 Median sale price / sq ft
  • 8.7% Listings with price cut
22.6%
Sold below listing
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Incline Village Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,915 Incline Village
    $1,389 Reno Metro
    $1,345 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 7.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,950 Rent list price (Oct 31, 2014)
  • $1.17 Rent list price / sq ft (Oct 31, 2014)
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