Home Values

Homewood 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

$601,600

  • 0.6% 1-year change
  • 3.1% 1-year forecast

The median home value in Homewood is $601,600. Homewood home values have gone up 0.6% over the past year and Zillow predicts they will rise 3.1% within the next year. The median price of homes currently listed in Homewood is $1,495,000. The median rent price in Homewood is $2,000, which is higher than the Sacramento Metro median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Homewood 24.6 homes are foreclosed (per 10,000). This is greater than the Sacramento Metro value of 3.0 and also greater than the national value of 3.9

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 Homewood homeowners underwater on their mortgage is 10.7%, which is lower than Sacramento Metro at 14.8%.

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Relative ZHVI
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Homewood Market Overview

Data through Feb 28, 2015
  • $601,600 ZHVI
  • 3.1% 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
    (Feb 29, 2016)
  • $1,495,000 Median listing price
  • No data Median sale price
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Homewood Market Health

Data through Feb 28, 2015
  • 5.2/10 Stable
    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
  • 10.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

24.6 homes(Apr 30, 2013) Homewood
3 homes Sacramento Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Glenbrook $1,098,200
Tahoe City $669,300
Incline Village $558,900
Name Median ZHVI
Sunnyside-Tahoe City $549,000
Carnelian Bay $528,000
Truckee $471,200
Name Median ZHVI
Tahoma $451,500
Tahoe Vista $398,800
Kings Beach $366,300

Listings & Sales

Data through Feb 28, 2015
  • $631 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 2.6% Listings with price cut
8.3%
Sold below listing
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Homewood Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,846 Homewood
    $1,638 Sacramento Metro
    $1,355 United States

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

  • 5.8 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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