Eastsound Home Prices & Values

$401,400 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

  • -3.2% 1-year change
  • No data 1-year forecast

The median home value in Eastsound is $401,400. Eastsound home values have declined -3.2% over the past year. The median list price per square foot in Eastsound is $348, which is higher than the San Juan County average of $316. The median price of homes currently listed in Eastsound is $699,000 while the median price of homes that sold is $200,100.

Foreclosures will be a factor impacting home values in the next several years. In Eastsound 6.1 homes are foreclosed (per 10,000). This is greater than the San Juan County value of 2.4 and also greater 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 Eastsound is 3.3%, 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 Eastsound homeowners underwater on their mortgage is 8.7%, which is higher than San Juan County at 7.1%.

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Relative ZHVI
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Eastsound Market Overview

Data through Aug 31, 2014
  • $401,400 ZHVI
  • No data 1-yr forecast
  • $699,000 Median listing price
  • $200,100 Median sale price (Jul 31, 2014)
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Eastsound Market Health

Data through Aug 31, 2014
  • 7.4/10 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
  • 8.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Olga $446,100 Friday Harbor $406,800 Custer $316,200
Lummi Island $309,500 Marietta-Alderwood $278,100 Ferndale $274,400
Anacortes $273,300 Blaine $238,200 Point Roberts $218,000

Listings & Sales

Data through Aug 31, 2014
  • $348 Median list price / sq ft
  • $228 Median sale price / sq ft (Jul 31, 2014)
  • 25.6% Listings with price cut
28.6%
Sold below listing
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Eastsound 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
$1,512 Eastsound
$1,514 San Juan County
$1,328 United States
  • 2.4 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)
  • No data Rent list price
  • No data Rent list price / sq ft
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