Home Values

92223 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

$262,700

  • 6.8% 1-year change
  • 4.8% 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 zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

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Buyers' Market
Sellers' Market

The median home value in 92223 is $262,700. 92223 home values have gone up 6.8% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in 92223 is None. The median rent price in 92223 is $1,695, which is higher than the Calimesa median of $1,550.

Foreclosures will be a factor impacting home values in the next several years. In 92223 4.8 homes are foreclosed (per 10,000). This is the same as the Calimesa value of 4.8 and also greater than the national value of 3.9

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 92223 homeowners underwater on their mortgage is 23.0%.

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Relative ZHVI
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92223 Market Overview

Data through Apr 30, 2015
  • $262,700 ZHVI
  • 4.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $260,000 Median sale price
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92223 Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 23.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

4.8 homes 92223
4.8 homes(Mar 31, 2015) Calimesa
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
92373 $399,200
92399 $281,200
92555 $278,200
Name Median ZHVI
92567 $245,100
92320 $245,000
92359 $221,500
Name Median ZHVI
92582 $218,600
92220 $182,300
92583 $170,300

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $133 Median sale price / sq ft
  • No data Listings with price cut
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92223 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,651 92223
    $1,594 Calimesa
    $1,364 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
    (Dec 31, 2014)
  • $1,695 Rent list price
  • $0.83 Rent list price / sq ft
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