Culver City Home Prices & Values

$761,400 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

  • 20.6% 1-year change
  • 8.1% 1-year forecast

Market Temperature: Very HotWhat'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 Culver City is $761,400. Culver City home values have gone up 20.6% over the past year and Zillow predicts they will rise 8.1% within the next year. The median list price per square foot in Culver City is $416, which is higher than the Los Angeles Metro average of $330. The median price of homes currently listed in Culver City is $510,000 while the median price of homes that sold is $700,000. The median rent price in Culver City is $2,250, which is higher than the Los Angeles Metro median of $1,995.

Foreclosures will be a factor impacting home values in the next several years. In Culver City 2.6 homes are foreclosed (per 10,000). This is greater than the Los Angeles Metro value of 2.1 and also lower than the national value of 4.9

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 Culver City is 5.2%, which is lower than the national value of 8.0%. 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 Culver City homeowners underwater on their mortgage is 5.8%, which is lower than Los Angeles Metro at 11.6%.

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Relative ZHVI
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Culver City Market Overview

Data through Mar 31, 2014
  • $761,400 ZHVI
  • 8.1% 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

    (Mar 31, 2015)
  • $510,000 Median listing price
  • $700,000 Median sale price (Feb 28, 2014)
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Culver City Market Health

Data through Mar 31, 2014
  • 9.6/10 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 of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

2.6 homes Culver City
2.1 homes Los Angeles Metro
4.9 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Beverly Hills $2,580,600 Santa Monica $1,142,100 Ladera Heights $853,800
El Segundo $799,400 West Hollywood $640,700 View Park-Windsor Hills $592,700
Los Angeles $497,400 Hawthorne $430,200 Inglewood $355,800

Listings & Sales

Data through Mar 31, 2014
  • $416 Median list price / sq ft
  • $405 Median sale price / sq ft
  • 12.1% Listings with price cut
19.8%
Sold below listing
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Culver City Rentals

Data through Mar 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
$2,717 Culver City
$2,365 Los Angeles Metro
$1,315 United States
  • No recent data Breakeven horizon
  • $2,250 Rent list price
  • $2.18 Rent list price / sq ft
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