Gateway West Home Prices & Values

$280,300 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

  • 22.8% 1-year change
  • 8.5% 1-year forecast

The median home value in Gateway West is $280,300. Gateway West home values have gone up 22.8% over the past year and Zillow predicts they will rise 8.5% within the next year. The median list price per square foot in Gateway West is $161, which is lower than the Sacramento average of $162. The median price of homes currently listed in Gateway West is $260,000 while the median price of homes that sold is $253,824. The median rent price in Gateway West is $1,575, which is higher than the Sacramento median of $1,150.

Foreclosures will be a factor impacting home values in the next several years. In Gateway West 4.6 homes are foreclosed (per 10,000). This is lower than the Sacramento value of 5.7 and also lower than the national value of 4.8

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Relative ZHVI
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Gateway West Market Overview

Data through May 31, 2014
  • $280,300 ZHVI
  • 8.5% 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

    (May 31, 2015)
  • $260,000 Median listing price
  • $253,824 Median sale price
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Gateway West Market Health

Data through May 31, 2014
  • 7.8/10 Very 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 of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

4.6 homes Gateway West
5.7 homes Sacramento
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Village 7 $351,200 Westlake $339,700 Natomas Park $326,600
Village 2 $324,600 Willowcreek $323,900 Village 9 $299,600
Natomas Creek $269,600 Creekside $261,100 Natomas Crossing $252,800

Listings & Sales

Data through May 31, 2014
  • $161 Median list price / sq ft
  • $159 Median sale price / sq ft
  • 12.5% Listings with price cut
25.0%
Sold below listing
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Gateway West Rentals

Data through May 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
$1,526 Gateway West
$1,343 Sacramento
$1,310 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)
  • $1,575 Rent list price
  • $0.85 Rent list price / sq ft
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