Home Values

Goleta 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

$751,100

  • 1.4% 1-year change
  • 1.8% 1-year forecast

The median home value in Goleta is $751,100. Goleta home values have gone up 1.4% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Goleta is None.

Foreclosures will be a factor impacting home values in the next several years. In Goleta 1.1 homes are foreclosed (per 10,000). This is lower than the Santa Barbara Metro value of 2.1 and also lower than the national value of 3.5

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 Goleta is 6.5%, which is higher than the national value of 6.0%. 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 Goleta homeowners underwater on their mortgage is 4.8%, which is lower than Santa Barbara Metro at 12.0%.

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Relative ZHVI
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Goleta Market Overview

Data through May 31, 2015
  • $751,100 ZHVI
  • 1.8% 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
    (May 31, 2016)
  • No data Median listing price
  • $692,225 Median sale price
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Goleta Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 4.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 6.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1.1 homes Goleta
2.1 homes Santa Barbara Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Montecito $2,773,600
Mission Canyon $1,176,300
Santa Barbara $929,200
Name Median ZHVI
Carpinteria $723,900
Santa Ynez $673,200
Solvang $610,400
Name Median ZHVI
Oak View $457,600
Los Alamos $445,700
Buellton $441,800

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $458 Median sale price / sq ft
  • No data Listings with price cut
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Goleta Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $3,087 Goleta
    $2,421 Santa Barbara Metro
    $1,367 United States

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

  • 3.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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