Home Values

La Verne 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

$541,900

  • 12.4% 1-year change
  • 6.5% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm

Buyers' Market
Sellers' Market

The median home value in La Verne is $541,900. La Verne home values have gone up 12.4% over the past year and Zillow predicts they will rise 6.5% within the next year. The median list price per square foot in La Verne is $310, which is lower than the Los Angeles Metro average of $345. The median price of homes currently listed in La Verne is $620,000 while the median price of homes that sold is $549,450. The median rent price in La Verne is $1,699, which is lower than the Los Angeles Metro median of $2,180.

Foreclosures will be a factor impacting home values in the next several years. In La Verne 1.5 homes are foreclosed (per 10,000). This is lower than the Los Angeles Metro value of 1.7 and also lower than the national value of 4.3

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 La Verne is 4.4%, 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 La Verne homeowners underwater on their mortgage is 6.1%, which is lower than Los Angeles Metro at 9.3%.

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Relative ZHVI
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La Verne Market Overview

Data through Aug 31, 2014
  • $541,900 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
    (Aug 31, 2015)
  • $620,000 Median listing price
  • $549,450 Median sale price
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La Verne Market Health

Data through Aug 31, 2014
  • 9.4/10 Very 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
  • 6.1% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.5 homes La Verne
1.7 homes Los Angeles Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Walnut $749,500
Claremont $594,200
San Dimas $522,200
Name Median ZHVI
Glendora $507,100
Upland $485,100
Covina $434,400
Name Median ZHVI
Azusa $358,000
Montclair $333,700
Pomona $328,100

Listings & Sales

Data through Aug 31, 2014
  • $310 Median list price / sq ft
  • $306 Median sale price / sq ft
  • 35.9% Listings with price cut
9.9%
Sold below listing
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La Verne Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $2,283 La Verne
    $2,409 Los Angeles Metro
    $1,328 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,699 Rent list price
  • $1.60 Rent list price / sq ft
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