Fontana Home Prices & Values

$295,100 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

  • 18.1% 1-year change
  • 12.8% 1-year forecast

Market Temperature: Very HotWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Fontana is $295,100. Fontana home values have gone up 18.1% over the past year and Zillow predicts they will rise 12.8% within the next year. The median list price per square foot in Fontana is $181, which is higher than the Riverside Metro average of $165. The median price of homes currently listed in Fontana is $334,000 while the median price of homes that sold is $312,000. The median rent price in Fontana is $1,815, which is higher than the Riverside Metro median of $1,500.

Foreclosures will be a factor impacting home values in the next several years. In Fontana 4.6 homes are foreclosed (per 10,000). This is lower than the Riverside Metro value of 5.2 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 Fontana is 9.3%, 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 Fontana homeowners underwater on their mortgage is 17.7%, which is lower than Riverside Metro at 18.0%.

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Relative ZHVI
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Fontana Market Overview

Data through Jul 31, 2014
  • $295,100 ZHVI
  • 12.8% 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)
  • $334,000 Median listing price
  • $312,000 Median sale price
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Fontana Market Health

Data through Jul 31, 2014
  • 7.2/10 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
  • 17.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

4.6 homes Fontana
5.2 homes Riverside Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Rancho Cucamonga $432,200 Mira Loma $379,300 Ontario $321,300
Pedley $304,900 Sunnyslope $300,000 Glen Avon $274,900
Rubidoux $263,100 Bloomington $229,100 Colton $202,600

Listings & Sales

Data through Jul 31, 2014
  • $181 Median list price / sq ft
  • $185 Median sale price / sq ft
  • 25.5% Listings with price cut
13.1%
Sold below listing
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Fontana 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
$1,693 Fontana
$1,629 Riverside Metro
$1,318 United States
  • 2.0 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)
  • $1,815 Rent list price
  • $1.03 Rent list price / sq ft
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