Home Values

Imperial 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

$199,000

  • 7.5% 1-year change
  • 6.5% 1-year forecast

The median home value in Imperial is $199,000. Imperial home values have gone up 7.5% over the past year and Zillow predicts they will rise 6.5% within the next year. The median list price per square foot in Imperial is None. The median rent price in Imperial is $1,200, which is higher than the El Centro Metro median of $1,000.

Foreclosures will be a factor impacting home values in the next several years. In Imperial 4.3 homes are foreclosed (per 10,000). This is greater than the El Centro Metro value of 3.9 and also greater 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 Imperial is 4.5%, which is lower 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 Imperial homeowners underwater on their mortgage is 25.2%, which is higher than El Centro Metro at 25.0%.

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Relative ZHVI
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Imperial Market Overview

Data through May 31, 2015
  • $199,000 ZHVI
  • 6.5% 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
  • $217,250 Median sale price (Apr 30, 2015)
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Imperial Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 25.2% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.5% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

4.3 homes Imperial
3.9 homes El Centro Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Julian $265,500
Borrego Springs $194,300
Campo $192,800
Name Median ZHVI
Calexico $155,800
El Centro $150,700
Heber $148,300
Name Median ZHVI
Brawley $130,600
Holtville $126,100
 

Listings & Sales

  • No data
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Imperial Rentals

Data through May 31, 2015
  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,200 Rent list price (Apr 30, 2015)
  • No data Rent list price / sq ft
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