Coronado Home Prices & Values

$1,260,300 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -7.1% 1-year change
  • 0.8% 1-year forecast

Market Temperature: CoolWhat's This?
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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

Buyers' Market Sellers' Market

The median home value in Coronado is $1,260,300. Coronado home values have declined -7.1% over the past year and Zillow predicts they will rise 0.8% within the next year. The median list price per square foot in Coronado is $852, which is higher than the San Diego Metro average of $298. The median price of homes currently listed in Coronado is $1,624,990 while the median price of homes that sold is $1,102,500. The median rent price in Coronado is $5,000, which is higher than the San Diego Metro median of $2,095.

Foreclosures will be a factor impacting home values in the next several years. In Coronado 0.8 homes are foreclosed (per 10,000). This is lower than the San Diego Metro value of 1.8 and also lower than the national value of 4.3

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 Coronado is 0.0%, which is lower than the national value of 6.9%. 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 Coronado homeowners underwater on their mortgage is 4.8%, which is lower than San Diego Metro at 10.0%.

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Relative ZHVI
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Coronado Market Overview

Data through Aug 31, 2014
  • $1,260,300 ZHVI
  • 0.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $1,624,990 Median listing price
  • $1,102,500 Median sale price
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Coronado Market Health

Data through Aug 31, 2014
  • 7.9/10 Very healthy What's This?  
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    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
  • 4.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.8 homes Coronado
1.8 homes San Diego Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Bonita $559,000 San Diego $496,600 La Mesa $454,700
Chula Vista $423,400 Santee $407,900 Imperial Beach $399,000
Spring Valley $376,500 Lemon Grove $359,900 National City $318,600

Listings & Sales

Data through Aug 31, 2014
  • $852 Median list price / sq ft
  • $741 Median sale price / sq ft
  • 31.6% Listings with price cut
12.9%
Sold below listing
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Coronado Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$4,670 Coronado
$2,242 San Diego Metro
$1,328 United States
  • 9.2 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $5,000 Rent list price
  • $3.56 Rent list price / sq ft
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