Home Values

North Gateway 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

$317,000

  • 1.5% 1-year change
  • 2.0% 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 neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in North Gateway is $317,000. North Gateway home values have gone up 1.5% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in North Gateway is None. The median rent price in North Gateway is $1,499, which is higher than the Phoenix median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In North Gateway 3.9 homes are foreclosed (per 10,000). This is greater than the Phoenix value of 2.8 and also greater than the national value of 3.0

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Relative ZHVI
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North Gateway Market Overview

Data through Mar 31, 2015
  • $317,000 ZHVI
  • 2.0% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $262,775 Median sale price
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North Gateway Market Health

Data through Mar 31, 2015
  • 3.3/10 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

3.9 homes North Gateway
2.8 homes Phoenix
3 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Pinnacle Peak $713,300
North Scottsdale $480,200
Desert View $344,900
Name Median ZHVI
New Village $285,500
Paradise Valley $264,900
Camelback East $228,900
Name Median ZHVI
Deer Valley $177,400
North Mountain $144,300
Alahambra $114,800

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $129 Median sale price / sq ft
  • No data Listings with price cut
28.8%
Sold below listing
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North Gateway Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,718 North Gateway
    $1,173 Phoenix
    $1,362 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,499 Rent list price
  • $0.74 Rent list price / sq ft
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