Home Values

Avondale 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

$169,300

  • 4.4% 1-year change
  • 2.7% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median home value in Avondale is $169,300. Avondale home values have gone up 4.4% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in Avondale is None. The median rent price in Avondale is $1,075, which is lower than the Phoenix Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Avondale 4.7 homes are foreclosed (per 10,000). This is greater than the Phoenix Metro value of 3.3 and also greater than the national value of 3.5

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 Avondale is 3.0%, which is lower than the national value of 6.0%. 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 Avondale homeowners underwater on their mortgage is 24.1%, which is higher than Phoenix Metro at 19.0%.

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Relative ZHVI
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Avondale Market Overview

Data through May 31, 2015
  • $169,300 ZHVI
  • 2.7% 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
    (May 31, 2016)
  • No data Median listing price
  • $168,850 Median sale price
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Avondale Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 24.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4.7 homes Avondale
3.3 homes Phoenix Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Goodyear $214,600
Litchfield Park $211,800
Surprise $185,800
Name Median ZHVI
Sun City West $175,900
Glendale $164,900
El Mirage $125,100
Name Median ZHVI
Sun City $116,100
Tolleson $89,500
Youngtown $81,700

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $96 Median sale price / sq ft
  • No data Listings with price cut
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Avondale Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,127 Avondale
    $1,256 Phoenix Metro
    $1,367 United States

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

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,075 Rent list price
  • $0.63 Rent list price / sq ft
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