Home Values

Lake Clarke Shores 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

$270,400

  • 4.8% 1-year change
  • -0.0% 1-year forecast

The median home value in Lake Clarke Shores is $270,400. Lake Clarke Shores home values have gone up 4.8% over the past year and Zillow predicts they will fall -0.0% within the next year. The median list price per square foot in Lake Clarke Shores is $162, which is lower than the Miami-Fort Lauderdale Metro average of $165. The median price of homes currently listed in Lake Clarke Shores is $284,900 while the median price of homes that sold is $226,000. 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 12.4%, 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 Lake Clarke Shores homeowners underwater on their mortgage is 25.8%, which is higher than Miami-Fort Lauderdale Metro at 20.1%.

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Relative ZHVI
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Lake Clarke Shores Market Overview

Data through Jan 31, 2015
  • $270,400 ZHVI
  • -0.0% 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
    (Jan 31, 2016)
  • $284,900 Median listing price
  • No recent data Median sale price
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Lake Clarke Shores Market Health

Data through Jan 31, 2015
  • 0.4/10 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 25.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 12.4% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)
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Nearby Cities

Name Median ZHVI
Palm Beach $870,900
Atlantis $355,900
South Palm Beach $215,900
Name Median ZHVI
Haverhill $188,700
Lantana $142,400
Lake Worth Corridor $118,100
Name Median ZHVI
Lake Worth $112,400
Greenacres $106,700
Palm Springs $95,700

Listings & Sales

Data through Jan 31, 2015
  • $162 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
14.3%
Sold below listing
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Lake Clarke Shores Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $2,038 Lake Clarke Shores
    $1,779 Miami-Fort Lauderdale Metro
    $1,350 United States

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

  • 1.2 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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