Home Values

92359 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

$240,000

  • 7.1% 1-year change
  • 6.0% 1-year forecast

The median home value in 92359 is $240,000. 92359 home values have gone up 7.1% over the past year and Zillow predicts they will rise 6.0% within the next year. The median list price per square foot in 92359 is None. The median rent price in 92359 is $1,200, which is lower than the Riverside Metro median of $1,600.

Foreclosures will be a factor impacting home values in the next several years. In 92359 4.4 homes are foreclosed (per 10,000). This is greater than the Riverside Metro value of 3.8 and also greater than the national value of 3.5

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 92359 homeowners underwater on their mortgage is 22.9%, which is higher than Riverside Metro at 16.4%.

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Relative ZHVI
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92359 Market Overview

Data through May 31, 2015
  • $240,000 ZHVI
  • 6.0% 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
  • No recent data Median sale price
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92359 Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 22.9% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

4.4 homes(Apr 30, 2015) 92359
3.8 homes Riverside Metro
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
92373 $399,200
92399 $281,200
92374 $281,100
Name Median ZHVI
92346 $247,900
92320 $245,000
92223 $244,300
Name Median ZHVI
92333 $241,500
92382 $157,100
92341 $146,600

Listings & Sales

  • No data
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92359 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,413 92359
    $1,677 Riverside 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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,200 Rent list price (Apr 30, 2015)
  • $1.05 Rent list price / sq ft (Apr 30, 2015)
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