Home Values

91755 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

$549,000

  • 1.1% 1-year change
  • -0.2% 1-year forecast

The median home value in 91755 is $549,000. 91755 home values have gone up 1.1% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in 91755 is $332, which is lower than the Monterey Park average of $374. The median price of homes currently listed in 91755 is $588,000 while the median price of homes that sold is $509,000.

Foreclosures will be a factor impacting home values in the next several years. In 91755 0.9 homes are foreclosed (per 10,000). This is greater than the Monterey Park value of 0.4 and also lower than the national value of 4.0

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 91755 is 7.7%, which is higher than the national value of 6.4%. 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 91755 homeowners underwater on their mortgage is 5.3%, which is lower than Monterey Park at 5.8%.

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Relative ZHVI
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91755 Market Overview

Data through Dec 31, 2014
  • $549,000 ZHVI
  • -0.2% 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)
  • $588,000 Median listing price
  • No recent data Median sale price
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91755 Market Health

Data through Dec 31, 2014
  • 5.6/10 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
  • 5.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 7.7% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

0.9 homes(Apr 30, 2014) 91755
0.4 homes(Nov 30, 2014) Monterey Park
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
91776 $563,500
91803 $555,800
91754 $552,200
Name Median ZHVI
91801 $550,400
91770 $496,900
90640 $427,900
Name Median ZHVI
91733 $400,700
90660 $370,100
90022 $338,500

Listings & Sales

Data through Dec 31, 2014
  • $332 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.6% Listings with price cut
7.1%
Sold below listing
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91755 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,320 91755
    $2,333 Monterey Park
    $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

  • 1.5 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
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