Home Values

Manhattan Beach 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

$1,855,400

  • 16.7% 1-year change
  • 5.0% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Very Hot

Buyers' Market
Sellers' Market

The median home value in Manhattan Beach is $1,855,400. Manhattan Beach home values have gone up 16.7% over the past year and Zillow predicts they will rise 5.0% within the next year. The median list price per square foot in Manhattan Beach is $908, which is higher than the Los Angeles Metro average of $344. The median price of homes currently listed in Manhattan Beach is $1,895,000 while the median price of homes that sold is $1,967,500. The median rent price in Manhattan Beach is $4,950, which is higher than the Los Angeles Metro median of $2,175.

Foreclosures will be a factor impacting home values in the next several years. In Manhattan Beach 1.0 homes are foreclosed (per 10,000). This is lower than the Los Angeles Metro value of 2.0 and also lower than the national value of 4.5

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 Manhattan Beach is 1.5%, which is lower 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 Manhattan Beach homeowners underwater on their mortgage is 1.7%, which is lower than Los Angeles Metro at 9.3%.

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Relative ZHVI
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Manhattan Beach Market Overview

Data through Oct 31, 2014
  • $1,855,400 ZHVI
  • 5.0% 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
    (Oct 31, 2015)
  • $1,895,000 Median listing price
  • $1,967,500 Median sale price
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Manhattan Beach Market Health

Data through Oct 31, 2014
  • 9.6/10 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.
  • No data Average days on Zillow
  • 1.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.5% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1 home(May 31, 2014) Manhattan Beach
2 homes Los Angeles Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Hermosa Beach $1,263,600
Redondo Beach $829,300
El Segundo $815,900
Name Median ZHVI
Torrance $690,800
Alondra Park $497,100
Hawthorne $464,100
Name Median ZHVI
Lawndale $406,900
Gardena $405,500
Inglewood $374,400

Listings & Sales

Data through Oct 31, 2014
  • $908 Median list price / sq ft
  • $808 Median sale price / sq ft
  • 30.6% Listings with price cut
2.2%
Sold below listing
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Manhattan Beach Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $5,543 Manhattan Beach
    $2,429 Los Angeles Metro
    $1,337 United States

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

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $4,950 Rent list price
  • $3.28 Rent list price / sq ft
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