Home Values

Carol Rae Ranch 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

$238,000

  • 1.6% 1-year change
  • 3.5% 1-year forecast

The median home value in Carol Rae Ranch is $238,000. Carol Rae Ranch home values have gone up 1.6% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Carol Rae Ranch is $130, which is higher than the Gilbert average of $127. The median price of homes currently listed in Carol Rae Ranch is $224,900 while the median price of homes that sold is $280,000. The median rent price in Carol Rae Ranch is $1,250, which is lower than the Gilbert median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Carol Rae Ranch 10.4 homes are foreclosed (per 10,000). This is greater than the Gilbert value of 2.8 and also greater than the national value of 4.0

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Relative ZHVI
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Carol Rae Ranch Market Overview

Data through Dec 31, 2014
  • $238,000 ZHVI
  • 3.5% 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
    (Dec 31, 2015)
  • No recent data Median listing price
  • No recent data Median sale price
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Carol Rae Ranch Market Health

Data through Dec 31, 2014
  • 5.2/10 Stable
    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 (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

10.4 homes(Aug 31, 2014) Carol Rae Ranch
2.8 homes Gilbert
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Higley Groves $318,700
Towne Meadows $218,900
 

Listings & Sales

Data through Dec 31, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 21.1% Listings with price cut
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Carol Rae Ranch Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,360 Carol Rae Ranch
    $1,455 Gilbert
    $1,345 United States

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

  • 1.8 Breakeven horizon
    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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