Home Values

93953 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

$1,554,000

  • -1.0% 1-year change
  • 3.5% 1-year forecast

The median home value in 93953 is $1,554,000. 93953 home values have declined -1.0% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in 93953 is None. The median rent price in 93953 is $4,000, which is lower than the Del Monte Forest median of $5,000.

Foreclosures will be a factor impacting home values in the next several years. In 93953 2.1 homes are foreclosed (per 10,000). This is the same as the Del Monte Forest value of 2.1 and also lower than the national value of 3.5

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 93953 homeowners underwater on their mortgage is 1.2%, which is higher than Del Monte Forest at 1.0%.

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Relative ZHVI
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93953 Market Overview

Data through May 31, 2015
  • $1,554,000 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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93953 Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 1.2% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
93921 $1,525,400
93923 $1,201,800
93924 $863,000
Name Median ZHVI
93950 $700,700
93940 $670,800
93908 $664,900
Name Median ZHVI
93933 $419,400
93955 $363,900
 

Listings & Sales

  • No data
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93953 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $3,788 93953
    $3,859 Del Monte Forest
    $1,367 United States

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

  • 6.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $4,000 Rent list price (Apr 30, 2015)
  • $2.17 Rent list price / sq ft (Apr 30, 2015)
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