Monte Rio Home Prices & Values

$352,700 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

  • 11.3% 1-year change
  • 9.0% 1-year forecast

The median home value in Monte Rio is $352,700. Monte Rio home values have gone up 11.3% over the past year and Zillow predicts they will rise 9.0% within the next year. The median price of homes currently listed in Monte Rio is $340,000.

Foreclosures will be a factor impacting home values in the next several years. In Monte Rio 74.4 homes are foreclosed (per 10,000). This is greater than the Santa Rosa Metro value of 1.5 and also greater 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 Monte Rio is 0.0%, 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 Monte Rio homeowners underwater on their mortgage is 21.2%, which is higher than Santa Rosa Metro at 13.0%.

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Relative ZHVI
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Monte Rio Market Overview

Data through Jun 30, 2014
  • $352,700 ZHVI
  • 9.0% 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)
  • $340,000 Median listing price
  • No data Median sale price
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Monte Rio Market Health

Data through Jun 30, 2014
  • 6.7/10 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
  • 21.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 0.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

74.4 homes(Apr 30, 2013) Monte Rio
1.5 homes Santa Rosa Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Bodega Bay $731,900 Sebastopol $685,800 Occidental $653,700
Healdsburg $596,400 Windsor $476,700 Santa Rosa $446,900
Cazadero $444,500 Forestville $409,800 Guerneville $338,900

Listings & Sales

Data through Jun 30, 2014
  • $309 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.3% Listings with price cut
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Monte Rio 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
$1,633 Monte Rio
$2,128 Santa Rosa Metro
$1,310 United States
  • 3.0 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
  • No data Rent list price / sq ft
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