Home Values

Madera County 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

$193,100

  • 9.0% 1-year change
  • 5.1% 1-year forecast

The median home value in Madera County is $193,100. Madera County home values have gone up 9.0% over the past year and Zillow predicts they will rise 5.1% within the next year. The median list price per square foot in Madera County is None. The median rent price in Madera County is $725, which is the same as the Madera Metro median of $725.

Foreclosures will be a factor impacting home values in the next several years. In Madera County 4.0 homes are foreclosed (per 10,000). This is the same as the Madera Metro value of 4.0 and also greater than the national value of 3.0

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 Madera County is 5.1%, 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 Madera County homeowners underwater on their mortgage is 22.0%, which is the same as Madera Metro at 22.0%.

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Relative ZHVI
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Madera County Market Overview

Data through Mar 31, 2015
  • $193,100 ZHVI
  • 5.1% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $218,500 Median sale price (Feb 28, 2015)
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Madera County Market Health

Data through Mar 31, 2015
  • 3.3/10 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)
  • 122 Average days on Zillow (Feb 28, 2015)
  • 22.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 5.1% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

4 homes Madera County
4 homes Madera Metro
3 homes United States
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Cities in Madera County

Name Median ZHVI
Bass Lake $280,500
Ahwahnee $262,000
North Fork $224,500
Name Median ZHVI
Coarsegold $221,900
Oakhurst $206,000
Madera $166,600
Name Median ZHVI
Chowchilla $145,700
 
 

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $112 Median sale price / sq ft
  • No data Listings with price cut
23.4%
Sold below listing
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Madera County Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,172 Madera County
    $1,172 Madera Metro
    $1,362 United States

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

  • 0.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $725 Rent list price
  • $0.74 Rent list price / sq ft
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