Home Values

98629 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

$320,500

  • 3.7% 1-year change
  • 3.7% 1-year forecast

The median home value in 98629 is $320,500. 98629 home values have gone up 3.7% over the past year and Zillow predicts they will rise 3.7% within the next year. The median list price per square foot in 98629 is $157, which is the same as the La Center average of $157. The median price of homes currently listed in 98629 is $334,500 while the median price of homes that sold is $265,362.

Foreclosures will be a factor impacting home values in the next several years. In 98629 4.2 homes are foreclosed (per 10,000). This is the same as the La Center value of 4.2 and also the same as the national value of 4.2

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 98629 is 7.2%, which is higher than the national value of 6.4%. 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 98629 homeowners underwater on their mortgage is 11.8%, which is the same as La Center at 11.8%.

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Relative ZHVI
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98629 Market Overview

Data through Nov 30, 2014
  • $320,500 ZHVI
  • 3.7% 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
    (Nov 30, 2015)
  • $334,500 Median listing price
  • No recent data Median sale price
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98629 Market Health

Data through Nov 30, 2014
  • 5.9/10 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
  • 11.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

4.2 homes 98629
4.2 homes La Center
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
98642 $346,300
98604 $282,100
98685 $277,300
Name Median ZHVI
98686 $275,100
98674 $256,100
98625 $237,200
Name Median ZHVI
98665 $230,800
97018 $224,000
98662 $210,600

Listings & Sales

Data through Nov 30, 2014
  • $157 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
22.3%
Sold below listing
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98629 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,743 98629
    $1,737 La Center
    $1,342 United States

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

  • 2.3 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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