Home Values

Soquel 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

$695,100

  • 8.9% 1-year change
  • 4.5% 1-year forecast

The median home value in Soquel is $695,100. Soquel home values have gone up 8.9% over the past year and Zillow predicts they will rise 4.5% within the next year. The median price of homes currently listed in Soquel is $719,000. The median rent price in Soquel is $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Soquel 3.1 homes are foreclosed (per 10,000). This is greater than the Santa Cruz Metro value of 0.6 and also lower than the national value of 3.9

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 Soquel is 0.0%, which is lower than the national value of 6.3%. 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 Soquel homeowners underwater on their mortgage is 5.1%, which is lower than Santa Cruz Metro at 6.9%.

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Relative ZHVI
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Soquel Market Overview

Data through Feb 28, 2015
  • $695,100 ZHVI
  • 4.5% 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
    (Feb 29, 2016)
  • $719,000 Median listing price
  • No data Median sale price
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Soquel Market Health

Data through Feb 28, 2015
  • 9.3/10 Very 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
  • 5.1% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.1 homes(Sep 30, 2014) Soquel
0.6 homes Santa Cruz Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Los Gatos $1,408,000
Lexington Hills $846,500
Aptos $697,700
Name Median ZHVI
Santa Cruz $688,300
Scotts Valley $669,300
Capitola $649,500
Name Median ZHVI
Ben Lomond $468,300
Felton $433,100
Freedom $338,100

Listings & Sales

Data through Feb 28, 2015
  • $407 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.8% Listings with price cut
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Soquel Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,887 Soquel
    $2,705 Santa Cruz Metro
    $1,355 United States

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

  • 2.9 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 recent data Rent list price
  • No data Rent list price / sq ft
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