Home Values

Del Mar 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

$2,052,300

  • 0.5% 1-year change
  • 1.0% 1-year forecast

The median home value in Del Mar is $2,052,300. Del Mar home values have gone up 0.5% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Del Mar is $1,398, which is higher than the San Diego Metro average of $297. The median price of homes currently listed in Del Mar is $3,195,000 while the median price of homes that sold is $1,800,000. The median rent price in Del Mar 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 Del Mar 3.2 homes are foreclosed (per 10,000). This is greater than the San Diego Metro value of 1.9 and also lower 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 Del Mar homeowners underwater on their mortgage is 2.9%, which is lower than San Diego Metro at 8.9%.

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Relative ZHVI
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Del Mar Market Overview

Data through Feb 28, 2015
  • $2,052,300 ZHVI
  • 1.0% 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
    (Feb 29, 2016)
  • $3,195,000 Median listing price
  • No recent data Median sale price
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Del Mar Market Health

Data through Feb 28, 2015
  • 9.1/10 Very 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.
  • No data Average days on Zillow
  • 2.9% 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)

3.2 homes(Jun 30, 2014) Del Mar
1.9 homes San Diego Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Rancho Santa Fe $2,167,300
Solana Beach $1,044,800
Encinitas $843,800
Name Median ZHVI
Carlsbad $676,300
Poway $590,400
San Diego $484,600
Name Median ZHVI
San Marcos $451,700
Vista $411,800
Escondido $370,300

Listings & Sales

Data through Feb 28, 2015
  • $1,398 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 5.5% Listings with price cut
4.8%
Sold below listing
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Del Mar Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $5,060 Del Mar
    $2,310 San Diego Metro
    $1,355 United States

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

  • No data Breakeven horizon
  • $5,000 Rent list price
  • $3.49 Rent list price / sq ft
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