Home Values

Bradenton 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

$175,600

  • 11.4% 1-year change
  • 1.1% 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

Neutral

Buyers' Market
Sellers' Market

The median home value in Bradenton is $175,600. Bradenton home values have gone up 11.4% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in Bradenton is $133, which is lower than the Sarasota Metro average of $144. The median price of homes currently listed in Bradenton is $249,900 while the median price of homes that sold is $186,825. The median rent price in Bradenton is $1,725, which is lower than the Sarasota Metro median of $2,000.

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 Bradenton is 10.4%, which is higher than the national value of 6.4%. 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 Bradenton homeowners underwater on their mortgage is 18.6%, which is higher than Sarasota Metro at 15.6%.

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Relative ZHVI
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Bradenton Market Overview

Data through Nov 30, 2014
  • $175,600 ZHVI
  • 1.1% 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
    (Nov 30, 2015)
  • $249,900 Median listing price
  • $186,825 Median sale price
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Bradenton Market Health

Data through Nov 30, 2014
  • 2.4/10 Less 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
  • 18.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 10.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Fruitville $215,100
Ellenton $207,600
Whitfield $199,700
Name Median ZHVI
Desoto Lakes $192,800
Sarasota $192,800
The Meadows $184,100
Name Median ZHVI
Palmetto $159,300
Kensington Park $130,900
North Sarasota $111,600

Listings & Sales

Data through Nov 30, 2014
  • $133 Median list price / sq ft
  • $119 Median sale price / sq ft
  • No data Listings with price cut
24.4%
Sold below listing
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Bradenton Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,531 Bradenton
    $1,814 Sarasota Metro
    $1,342 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,725 Rent list price
  • $1.13 Rent list price / sq ft
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