Home Values

Gardnerville 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

$258,400

  • 15.5% 1-year change
  • None 1-year forecast

The median home value in Gardnerville is $258,400. Gardnerville home values have gone up 15.5% over the past year. The median list price per square foot in Gardnerville is $175, which is lower than the Gardnerville Ranchos Metro average of $202. The median price of homes currently listed in Gardnerville is $358,853 while the median price of homes that sold is $224,200.

Foreclosures will be a factor impacting home values in the next several years. In Gardnerville 1.6 homes are foreclosed (per 10,000). This is 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 Gardnerville is 8.3%, which is higher 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 Gardnerville homeowners underwater on their mortgage is 20.1%.

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Relative ZHVI
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Gardnerville Market Overview

Data through Dec 31, 2014
  • $258,400 ZHVI
  • No data 1-yr forecast
  • $358,853 Median listing price
  • $224,200 Median sale price
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Gardnerville Market Health

Data through Dec 31, 2014
  • 6.8/10 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
  • 20.1% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 8.3% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.6 homes Gardnerville
4 homes United States
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Nearby Cities

Name Median ZHVI
Incline Village $609,300
Tahoma $484,100
Zephyr Cove $430,000
Name Median ZHVI
South Lake Tahoe $344,800
Minden $332,500
Wellington $268,700
Name Median ZHVI
Carson City $198,900
Dayton $171,700
Yerington $129,700

Listings & Sales

Data through Dec 31, 2014
  • $175 Median list price / sq ft
  • $161 Median sale price / sq ft
  • 9.9% Listings with price cut
30.4%
Sold below listing
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Gardnerville Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,322 Gardnerville
    $1,405 Gardnerville Ranchos Metro
    $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

  • 1.5 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
  • $0.83 Rent list price / sq ft
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