Home Values

Madison Grove 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

$260,800

  • 1.9% 1-year change
  • 5.1% 1-year forecast

The median home value in Madison Grove is $260,800. Madison Grove home values have gone up 1.9% over the past year and Zillow predicts they will rise 5.1% within the next year. The median list price per square foot in Madison Grove is $136, which is higher than the Bakersfield average of $127. The median price of homes currently listed in Madison Grove is $289,900 while the median price of homes that sold is $312,500.

Foreclosures will be a factor impacting home values in the next several years. In Madison Grove 12.4 homes are foreclosed (per 10,000). This is greater than the Bakersfield value of 5.7 and also greater than the national value of 4.0

Read more
Relative ZHVI
- +

Madison Grove Market Overview

Data through Dec 31, 2014
  • $260,800 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
    (Dec 31, 2015)
  • $289,900 Median listing price
  • No recent data Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Madison Grove Market Health

Data through Dec 31, 2014
  • 3.1/10 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.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

12.4 homes(Sep 30, 2014) Madison Grove
5.7 homes Bakersfield
4 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Neighborhoods

Name Median ZHVI
Eagle Ranch $369,000
San Trope $350,500
Fox Run $302,500
Name Median ZHVI
Hampton Woods $300,600
Avalon $298,500
Westlakes $265,800
Name Median ZHVI
Crystal Ranch $262,800
Riverlakes $249,200
Emerald Estates $239,400

Listings & Sales

Data through Dec 31, 2014
  • $136 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.2% Listings with price cut
13.3%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Madison Grove Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,637 Madison Grove
    $1,408 Bakersfield
    $1,345 United States

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

  • 1.1 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 data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading