98266 Home Prices & Values

$157,800 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

  • 11.7% 1-year change
  • 2.8% 1-year forecast

The median home value in 98266 is $157,800. 98266 home values have gone up 11.7% over the past year and Zillow predicts they will rise 2.8% within the next year. The median price of homes currently listed in 98266 is $59,900. The median rent price in 98266 is $695.

Foreclosures will be a factor impacting home values in the next several years. In 98266 11.2 homes are foreclosed (per 10,000). This is greater than the Deming value of 6.4 and also greater than the national value of 4.4

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 98266 is 7.5%, which is higher 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 98266 homeowners underwater on their mortgage is 21.5%, which is higher than Deming at 13.7%.

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Relative ZHVI
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98266 Market Overview

Data through Jul 31, 2014
  • $157,800 ZHVI
  • 2.8% 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

    (Jul 31, 2015)
  • $59,900 Median listing price
  • No data Median sale price
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98266 Market Health

Data through Jul 31, 2014
  • 5.9/10 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
  • 21.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

11.2 homes 98266
6.4 homes Deming
4.4 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
98226 $295,400 98229 $292,000 98225 $283,400
98247 $280,800 98264 $264,200 98244 $218,300
98295 $209,800 98284 $194,600 98237 $125,600

Listings & Sales

Data through Jul 31, 2014
  • $115 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 41.3% Listings with price cut
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98266 Rentals

Data through Jul 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
$975 98266
$1,144 Deming
$1,318 United States
  • 3.0 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, 2013)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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