Imperial County Home Prices & Values

$153,700 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

  • 19.3% 1-year change
  • 12.5% 1-year forecast

The median home value in Imperial County is $153,700. Imperial County home values have gone up 19.3% over the past year and Zillow predicts they will rise 12.5% within the next year. The median list price per square foot in Imperial County is $110, which is the same as the El Centro Metro average of $110. The median price of homes currently listed in Imperial County is $175,000 while the median price of homes that sold is $166,875.

Foreclosures will be a factor impacting home values in the next several years. In Imperial County 3.8 homes are foreclosed (per 10,000). This is the same as the El Centro Metro value of 3.8 and also lower than the national value of 4.4

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 County is 5.5%, which is lower than the national value of 6.9%. 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 Imperial County homeowners underwater on their mortgage is 31.2%, which is the same as El Centro Metro at 31.2%.

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Relative ZHVI
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Imperial County Market Overview

Data through Jul 31, 2014
  • $153,700 ZHVI
  • 12.5% 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

    (Jul 31, 2015)
  • $175,000 Median listing price
  • $166,875 Median sale price
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Imperial County Market Health

Data through Jul 31, 2014
  • 4.8/10 Stable 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 days on Zillow
  • 31.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.8 homes Imperial County
3.8 homes El Centro Metro
4.4 homes United States
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Cities in Imperial County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Imperial $190,900 Calexico $166,400 El Centro $162,000
Heber $150,200 Brawley $140,600 Holtville $139,800

Listings & Sales

Data through Jul 31, 2014
  • $110 Median list price / sq ft
  • $105 Median sale price / sq ft (Jun 30, 2014)
  • 24.9% Listings with price cut
24.4%
Sold below listing
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Imperial County Rentals

Data through Jul 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
$1,352 Imperial County
$1,352 El Centro Metro
$1,318 United States
  • 2.0 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)
  • No data Rent list price
  • $0.78 Rent list price / sq ft
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