94025 Home Prices & Values

$1,652,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 13.8% 1-year change
  • 7.0% 1-year forecast

The median home value in 94025 is $1,652,500. 94025 home values have gone up 13.8% over the past year and Zillow predicts they will rise 7.0% within the next year. The median list price per square foot in 94025 is $982, which is the same as the Menlo Park average of $982. The median price of homes currently listed in 94025 is $1,795,000 while the median price of homes that sold is $1,363,250.

Foreclosures will be a factor impacting home values in the next several years. In 94025 1.2 homes are foreclosed (per 10,000). This is the same as the Menlo Park value of 1.2 and also lower than the national value of 4.3

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 94025 is 4.3%, which is lower than the national value of 7.2%. 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 94025 homeowners underwater on their mortgage is 2.1%, which is the same as Menlo Park at 2.1%.

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Relative ZHVI
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94025 Market Overview

Data through Jun 30, 2014
  • $1,652,500 ZHVI
  • 7.0% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $1,795,000 Median listing price
  • $1,363,250 Median sale price (May 31, 2014)
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94025 Market Health

Data through Jun 30, 2014
  • 8.6/10 Very healthy What's This?  
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    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 of days on Zillow
  • 2.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 4.3% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
94027 $4,749,200 94028 $2,926,000 94301 $2,722,400
94305 $2,467,300 94306 $1,877,200 94303 $1,433,500
94070 $1,319,900 94061 $1,036,300 94063 $674,600

Listings & Sales

Data through Jun 30, 2014
  • $982 Median list price / sq ft
  • $827 Median sale price / sq ft (May 31, 2014)
  • 7.2% Listings with price cut
9.6%
Sold below listing
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94025 Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$4,703 94025
$4,700 Menlo Park
$1,310 United States
  • 4.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $2.93 Rent list price / sq ft
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