Home Values

Los Banos 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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Los Banos is None. The median rent price in Los Banos is $1,000, which is higher than the Merced Metro median of $850.

Foreclosures will be a factor impacting home values in the next several years. In Los Banos 1.2 homes are foreclosed (per 10,000). This is lower than the Merced Metro value of 2.2 and also lower than the national value of 3.9

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 Los Banos is 5.9%, which is lower than the national value of 6.3%. 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 Los Banos homeowners underwater on their mortgage is 21.7%, which is higher than Merced Metro at 20.7%.

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Relative ZHVI
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Los Banos Market Overview

Data through Mar 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $237,300 Median sale price
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Los Banos Market Health

Data through Apr 30, 2015
  • 1.8/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 21.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

1.2 homes Los Banos
2.2 homes Merced Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Hollister $390,500
Turlock $224,600
Hilmar $212,000
Name Median ZHVI
Firebaugh $131,500
Winton $110,600
 

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $122 Median sale price / sq ft
  • No data Listings with price cut
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Los Banos Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,113 Los Banos
    $1,039 Merced Metro
    $1,364 United States

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

  • No data Breakeven horizon
  • $1,000 Rent list price
  • $0.76 Rent list price / sq ft
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