Home Values

98262 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

$354,900

  • -3.1% 1-year change
  • 1.0% 1-year forecast

The median home value in 98262 is $354,900. 98262 home values have declined -3.1% over the past year and Zillow predicts they will rise 1.0% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In 98262 8.6 homes are foreclosed (per 10,000). This is the same as the Lummi Island value of 8.6 and also greater than the national value of 3.9

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 98262 homeowners underwater on their mortgage is 5.7%, which is lower than Lummi Island at 7.8%.

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Relative ZHVI
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98262 Market Overview

Data through Apr 30, 2015
  • $354,900 ZHVI
  • 1.0% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No data Median sale price
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98262 Market Health

Data through Apr 30, 2015
  • 7.9/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 5.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Zip Codes

Name Median ZHVI
98245 $384,100
98232 $330,600
98240 $305,600
Name Median ZHVI
98221 $294,300
98226 $289,400
98229 $284,100
Name Median ZHVI
98225 $272,800
98248 $261,800
98230 $224,800

Listings & Sales

  • No data
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98262 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,427 98262
    $1,370 Lummi Island
    $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

  • 10.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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