Home Values

Grand Lake 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

$402,000

  • 22.1% 1-year change
  • 6.3% 1-year forecast

The median home value in Grand Lake is $402,000. Grand Lake home values have gone up 22.1% over the past year and Zillow predicts they will rise 6.3% within the next year. The median price of homes currently listed in Grand Lake is $299,000 while the median price of homes that sold is $401,000. The median rent price in Grand Lake is $1,650.

Foreclosures will be a factor impacting home values in the next several years. In Grand Lake 17.5 homes are foreclosed (per 10,000). This is greater than the Oakland value of 4.4 and also greater than the national value of 4.5

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Relative ZHVI
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Grand Lake Market Overview

Data through Oct 31, 2014
  • $402,000 ZHVI
  • 6.3% 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
    (Oct 31, 2015)
  • $299,000 Median listing price
  • $401,000 Median sale price
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Grand Lake Market Health

Data through Oct 31, 2014
  • 9.3/10 Very 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

17.5 homes(Jul 31, 2014) Grand Lake
4.4 homes Oakland
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Crocker Highland $1,201,000
Trestle Glen $983,100
Lakeshore $956,500
Name Median ZHVI
Temescal $685,900
Cleveland Heights $665,300
Piedmont Avenue $603,600
Name Median ZHVI
Lakewide $433,100
Clinton $398,700
 

Listings & Sales

Data through Oct 31, 2014
  • $420 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.5% Listings with price cut
8.3%
Sold below listing
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Grand Lake Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $2,241 Grand Lake
    $2,331 Oakland
    $1,337 United States

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

  • 1.6 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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