Home Values

92007 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

$857,400

  • -7.9% 1-year change
  • -3.4% 1-year forecast

The median home value in 92007 is $857,400. 92007 home values have declined -7.9% over the past year and Zillow predicts they will fall -3.4% within the next year. The median list price per square foot in 92007 is $550, which is higher than the Encinitas average of $467. The median price of homes currently listed in 92007 is $1,149,000 while the median price of homes that sold is $1,235,000.

Foreclosures will be a factor impacting home values in the next several years. In 92007 1.9 homes are foreclosed (per 10,000). This is greater than the Encinitas value of 0.6 and also lower than the national value of 4.0

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 92007 is 3.6%, which is lower than the national value of 6.4%. 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 92007 homeowners underwater on their mortgage is 2.6%, which is lower than Encinitas at 3.0%.

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Relative ZHVI
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92007 Market Overview

Data through Dec 31, 2014
  • $857,400 ZHVI
  • -3.4% 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
    (Dec 31, 2015)
  • $1,149,000 Median listing price
  • $1,235,000 Median sale price (Oct 31, 2014)
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92007 Market Health

Data through Dec 31, 2014
  • 3.1/10 Less 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
  • 2.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.9 homes(Oct 31, 2014) 92007
0.6 homes Encinitas
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
92067 $2,739,600
92091 $2,042,900
92014 $1,630,200
Name Median ZHVI
92075 $1,205,600
92130 $910,800
92024 $816,400
Name Median ZHVI
92011 $779,000
92009 $739,400
92078 $508,400

Listings & Sales

Data through Dec 31, 2014
  • $550 Median list price / sq ft
  • $521 Median sale price / sq ft (Oct 31, 2014)
  • 13.1% Listings with price cut
8.1%
Sold below listing
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92007 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $3,394 92007
    $3,337 Encinitas
    $1,345 United States

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

  • 4.9 Breakeven horizon
    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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