Alum Rock Home Prices & Values

$492,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 15.7% 1-year change
  • 7.8% 1-year forecast

The median home value in Alum Rock is $492,700. Alum Rock home values have gone up 15.7% over the past year and Zillow predicts they will rise 7.8% within the next year. The median list price per square foot in Alum Rock is $416, which is lower than the San Jose Metro average of $454. The median price of homes currently listed in Alum Rock is $499,999 while the median price of homes that sold is $305,000. The median rent price in Alum Rock is $2,250, which is lower than the San Jose Metro median of $2,750.

Foreclosures will be a factor impacting home values in the next several years. In Alum Rock 2.0 homes are foreclosed (per 10,000). This is greater than the San Jose Metro value of 0.7 and also lower than the national value of 4.3

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Relative ZHVI
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Alum Rock Market Overview

Data through Aug 31, 2014
  • $492,700 ZHVI
  • 7.8% 1-yr forecast What's This?  
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    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)
  • $499,999 Median listing price
  • No recent data Median sale price
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Alum Rock Market Health

Data through Aug 31, 2014
  • 5.9/10 Healthy What's This?  
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    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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

2 homes(Jun 30, 2014) Alum Rock
0.7 homes San Jose Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
San Jose $719,500 East Foothills $716,200 Milpitas $716,000
Livermore $615,800    

Listings & Sales

Data through Aug 31, 2014
  • $416 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 20.5% Listings with price cut
16.3%
Sold below listing
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Alum Rock Rentals

Data through Aug 31, 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
$2,389 Alum Rock
$3,101 San Jose Metro
$1,328 United States
  • 1.1 Breakeven horizon What's This?  
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    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 recent data Rent list price / sq ft
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