Lexington Hills Home Prices & Values

$895,000 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

  • 17.4% 1-year change
  • 6.6% 1-year forecast

The median home value in Lexington Hills is $895,000. Lexington Hills home values have gone up 17.4% over the past year and Zillow predicts they will rise 6.6% within the next year. The median price of homes currently listed in Lexington Hills is $625,000.

Foreclosures will be a factor impacting home values in the next several years. In Lexington Hills 9.4 homes are foreclosed (per 10,000). This is greater than the San Jose Metro value of 0.7 and also greater 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 Lexington Hills is 7.8%, 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 Lexington Hills homeowners underwater on their mortgage is 3.7%, which is lower than San Jose Metro at 4.6%.

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Relative ZHVI
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Lexington Hills Market Overview

Data through Aug 31, 2014
  • $895,000 ZHVI
  • 6.6% 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

    (Aug 31, 2015)
  • $625,000 Median listing price
  • No data Median sale price
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Lexington Hills Market Health

Data through Aug 31, 2014
  • 8.6/10 Very 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
  • 3.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

9.4 homes(Jul 31, 2014) Lexington Hills
0.7 homes San Jose Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Monte Sereno $2,413,100 Saratoga $2,088,400 Los Gatos $1,450,500
Cambrian Park $984,200 Campbell $882,100 Scotts Valley $705,900
Soquel $663,200 Ben Lomond $486,000 Felton $440,800

Listings & Sales

Data through Aug 31, 2014
  • $518 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 31.8% Listings with price cut
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Lexington Hills Rentals

Data through Aug 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
$3,242 Lexington Hills
$3,101 San Jose Metro
$1,328 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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