Home Values

Scotts Valley 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

$692,200

  • 7.2% 1-year change
  • 3.2% 1-year forecast

The median home value in Scotts Valley is $692,200. Scotts Valley home values have gone up 7.2% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Scotts Valley is $389, which is lower than the Santa Cruz Metro average of $429. The median price of homes currently listed in Scotts Valley is $739,000 while the median price of homes that sold is $749,000.

Foreclosures will be a factor impacting home values in the next several years. In Scotts Valley 1.5 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 4.0

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 5.2%, 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 Scotts Valley homeowners underwater on their mortgage is 6.0%, which is lower than Santa Cruz Metro at 9.8%.

Read more
Relative ZHVI
- +

Scotts Valley Market Overview

Data through Sep 30, 2014
  • $692,200 ZHVI
  • 3.2% 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
    (Sep 30, 2015)
  • $739,000 Median listing price
  • $749,000 Median sale price (Jul 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

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

loading

Scotts Valley Market Health

Data through Sep 30, 2014
  • 6.0/10 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
  • 6.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

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

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

loading

Nearby Cities

Name Median ZHVI
Monte Sereno $2,440,000
Los Gatos $1,459,700
Aptos $721,300
Name Median ZHVI
Santa Cruz $705,100
Capitola $659,400
Soquel $655,700
Name Median ZHVI
Ben Lomond $498,700
Felton $470,600
Boulder Creek $414,300

Listings & Sales

Data through Sep 30, 2014
  • $389 Median list price / sq ft
  • $371 Median sale price / sq ft (Jul 31, 2014)
  • 27.6% Listings with price cut
15.0%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

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

loading

Scotts Valley Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $2,533 Santa Cruz Metro
    $1,335 United States

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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • 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

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

loading