Home Values

Corcoran 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

$106,700

  • 9.7% 1-year change
  • 9.4% 1-year forecast

The median home value in Corcoran is $106,700. Corcoran home values have gone up 9.7% over the past year and Zillow predicts they will rise 9.4% within the next year. The median list price per square foot in Corcoran is None. The median rent price in Corcoran is $750, which is lower than the Hanford Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Corcoran 7.7 homes are foreclosed (per 10,000). This is greater than the Hanford Metro value of 3.4 and also greater than the national value of 3.0

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 Corcoran is 7.7%, which is higher than the national value of 6.3%. 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 Corcoran homeowners underwater on their mortgage is 31.8%, which is higher than Hanford Metro at 30.8%.

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Relative ZHVI
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Corcoran Market Overview

Data through Mar 31, 2015
  • $106,700 ZHVI
  • 9.4% 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
    (Mar 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Corcoran Market Health

Data through Mar 31, 2015
  • 1.8/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 31.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

7.7 homes Corcoran
3.4 homes Hanford Metro
3 homes United States
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Nearby Cities

Name Median ZHVI
Lemoore $171,500
Visalia $171,100
Hanford $156,000
Name Median ZHVI
Tulare $138,800
Wasco $131,700
Tipton $118,100
Name Median ZHVI
Armona $114,600
Earlimart $104,600
Pixley $103,200

Listings & Sales

  • No data
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Corcoran Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $903 Corcoran
    $1,151 Hanford Metro
    $1,362 United States

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

  • 0.6 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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