Scotts Valley Home Prices & Values

$648,400 Zillow Home Value Index What's This?  
Close

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

  • 9.1% 1-year change
  • 1.5% 1-year forecast

The median home value in Scotts Valley is $648,400. Scotts Valley home values have gone up 9.1% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Scotts Valley is $361, which is lower than the Santa Cruz Metro average of $422. The median price of homes currently listed in Scotts Valley is $683,000 while the median price of homes that sold is $491,765.

Foreclosures will be a factor impacting home values in the next several years. In Scotts Valley 2.3 homes are foreclosed (per 10,000). This is greater than the Santa Cruz Metro value of 1.4 and also lower than the national value of 5.0

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 Scotts Valley is 3.4%, which is lower than the national value of 8.0%. 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 Scotts Valley homeowners underwater on their mortgage is 7.6%, which is lower than Santa Cruz Metro at 11.9%.

more
Relative ZHVI
- +

Scotts Valley Market Overview

Data through Feb 28, 2014
  • $648,400 ZHVI
  • 1.5% 1-yr forecast What's This?  
    Close

    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $683,000 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Scotts Valley Market Health

Data through Feb 28, 2014
  • 7.9/10 Very healthy What's This?  
    Close

    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 of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

2.3 homes Scotts Valley
1.4 homes Santa Cruz Metro
5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Monte Sereno $2,212,600 Los Gatos $1,338,300 Lexington Hills $784,500
Aptos $674,400 Santa Cruz $665,700 Capitola $632,000
Soquel $619,600 Ben Lomond $457,100 Felton $422,900

Listings & Sales

Data through Feb 28, 2014
  • $361 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 8.6% Listings with price cut
28.0%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading

Scotts Valley Rentals

Data through Feb 28, 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
$2,390 Scotts Valley
$2,177 Santa Cruz Metro
$1,310 United States
  • No recent data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table
Compare to:

We are currently unable to retrieve data matching your current criteria.

loading