Home Values

92256 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

$123,900

  • -1.1% 1-year change
  • 4.8% 1-year forecast

The median home value in 92256 is $123,900. 92256 home values have declined -1.1% over the past year and Zillow predicts they will rise 4.8% within the next year. The median list price per square foot in 92256 is None. The median rent price in 92256 is $775, which is the same as the Morongo Valley median of $775.

Foreclosures will be a factor impacting home values in the next several years. In 92256 6.8 homes are foreclosed (per 10,000). This is greater than the Morongo Valley value of 6.7 and also greater than the national value of 3.9

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 92256 homeowners underwater on their mortgage is 33.3%, which is higher than Morongo Valley at 30.6%.

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Relative ZHVI
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92256 Market Overview

Data through Apr 30, 2015
  • $123,900 ZHVI
  • 4.8% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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92256 Market Health

Data through Apr 30, 2015
  • 3.9/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 33.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

6.8 homes 92256
6.7 homes Morongo Valley
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
92262 $312,000
92315 $284,900
92234 $221,600
Name Median ZHVI
92314 $193,100
92220 $182,300
92240 $141,500
Name Median ZHVI
92386 $133,000
92284 $131,000
92285 $80,000

Listings & Sales

  • No data
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92256 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $940 92256
    $936 Morongo Valley
    $1,364 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $775 Rent list price (Mar 31, 2015)
  • No recent data Rent list price / sq ft
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