Home Values

93238 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

$194,600

  • 2.5% 1-year change
  • 4.9% 1-year forecast

The median home value in 93238 is $194,600. 93238 home values have gone up 2.5% over the past year and Zillow predicts they will rise 4.9% within the next year. The median price of homes currently listed in 93238 is $225,000.

Foreclosures will be a factor impacting home values in the next several years. In 93238 17.3 homes are foreclosed (per 10,000). This is the same as the Kernville value of 17.3 and also greater than the national value of 4.5

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 93238 homeowners underwater on their mortgage is 24.7%, which is the same as Kernville at 24.7%.

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Relative ZHVI
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93238 Market Overview

Data through Oct 31, 2014
  • $194,600 ZHVI
  • 4.9% 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)
  • $225,000 Median listing price
  • No data Median sale price
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93238 Market Health

Data through Oct 31, 2014
  • 2.6/10 Less 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
  • 24.7% Homes with negative equity (17.0% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

17.3 homes(Aug 31, 2014) 93238
17.3 homes(Aug 31, 2014) Kernville
4.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
93265 $220,400
93527 $174,800
93308 $173,800
Name Median ZHVI
93306 $159,100
93285 $149,600
93257 $143,500
Name Median ZHVI
93240 $127,900
 
 

Listings & Sales

Data through Oct 31, 2014
  • $167 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.6% Listings with price cut
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93238 Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,197 93238
    $1,204 Kernville
    $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

  • 2.2 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 data Rent list price
  • No data Rent list price / sq ft
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