Home Values

Watsonville 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

$411,500

  • 19.5% 1-year change
  • 7.2% 1-year forecast

The median home value in Watsonville is $411,500. Watsonville home values have gone up 19.5% over the past year and Zillow predicts they will rise 7.2% within the next year. The median list price per square foot in Watsonville is $302, which is lower than the Salinas Metro average of $383. The median price of homes currently listed in Watsonville is $459,000 while the median price of homes that sold is $443,250. The median rent price in Watsonville is $1,795, which is higher than the Salinas Metro median of $1,650.

Foreclosures will be a factor impacting home values in the next several years. In Watsonville 2.6 homes are foreclosed (per 10,000). This is greater than the Salinas Metro value of 2.1 and also lower than the national value of 4.3

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 Watsonville is 5.7%, 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 Watsonville homeowners underwater on their mortgage is 15.7%, which is lower than Salinas Metro at 17.5%.

Read more
Relative ZHVI
- +

Watsonville Market Overview

Data through Aug 31, 2014
  • $411,500 ZHVI
  • 7.2% 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
    (Aug 31, 2015)
  • $459,000 Median listing price
  • $443,250 Median sale price
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

Watsonville Market Health

Data through Aug 31, 2014
  • 7.6/10 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
  • 15.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.7% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.6 homes Watsonville
2.1 homes Salinas Metro
4.3 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 Name Median ZHVI Name Median ZHVI
San Martin $892,900 Morgan Hill $734,100 Aptos $712,100
Soquel $663,200 Capitola $644,800 Gilroy $589,500
Aromas $507,000 San Juan Bautista $453,200 Marina $421,900

Listings & Sales

Data through Aug 31, 2014
  • $302 Median list price / sq ft
  • $293 Median sale price / sq ft
  • 27.0% Listings with price cut
13.9%
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

Watsonville Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $2,237 Watsonville
    $1,990 Salinas Metro
    $1,328 United States

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

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,795 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