Lake Clarke Shores Home Prices & Values

$266,500 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

  • 10.1% 1-year change
  • 1.8% 1-year forecast

The median home value in Lake Clarke Shores is $266,500. Lake Clarke Shores home values have gone up 10.1% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Lake Clarke Shores is $149, which is lower than the Miami-Fort Lauderdale Metro average of $158. The median price of homes currently listed in Lake Clarke Shores is $289,900 while the median price of homes that sold is $204,882. The median rent price in Lake Clarke Shores is $1,800, which is the same as the Miami-Fort Lauderdale Metro median of $1,800.

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 Lake Clarke Shores is 14.1%, which is higher 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 Lake Clarke Shores homeowners underwater on their mortgage is 28.6%, which is higher than Miami-Fort Lauderdale Metro at 21.9%.

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Relative ZHVI
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Lake Clarke Shores Market Overview

Data through Jul 31, 2014
  • $266,500 ZHVI
  • 1.8% 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)
  • $289,900 Median listing price
  • No recent data Median sale price
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Lake Clarke Shores Market Health

Data through Jul 31, 2014
  • 2.7/10 Less healthy 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
  • 28.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 14.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Palm Beach $832,100 Atlantis $323,900 South Palm Beach $213,400
Haverhill $170,100 Lantana $129,400 Lake Worth $105,100
Lake Worth Corridor $101,700 Greenacres $94,300 Palm Springs $88,000

Listings & Sales

Data through Jul 31, 2014
  • $149 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 34.1% Listings with price cut
22.6%
Sold below listing
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Lake Clarke Shores 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
$2,020 Lake Clarke Shores
$1,761 Miami-Fort Lauderdale 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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