32828 Home Prices & Values

$228,800 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

  • 19.0% 1-year change
  • 8.7% 1-year forecast

Market Temperature: WarmWhat's This?
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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 zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in 32828 is $228,800. 32828 home values have gone up 19.0% over the past year and Zillow predicts they will rise 8.7% within the next year. The median list price per square foot in 32828 is $109, which is higher than the Orange County average of $108. The median price of homes currently listed in 32828 is $247,000 while the median price of homes that sold is $220,248. The median rent price in 32828 is $1,350, which is higher than the Orange County median of $1,200.

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 32828 is 12.0%, which is higher than the national value of 8.0%. 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 32828 homeowners underwater on their mortgage is 27.4%, which is lower than Orange County at 31.2%.

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Relative ZHVI
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32828 Market Overview

Data through Mar 31, 2014
  • $228,800 ZHVI
  • 8.7% 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

    (Mar 31, 2015)
  • $247,000 Median listing price
  • $220,248 Median sale price
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32828 Market Health

Data through Mar 31, 2014
  • 6.6/10 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
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
32832 $261,600 32820 $229,200 32833 $211,400
32829 $165,700 32817 $162,900 32825 $156,900
32826 $140,400 32807 $98,400 32822 $95,400

Listings & Sales

Data through Mar 31, 2014
  • $109 Median list price / sq ft
  • $106 Median sale price / sq ft
  • 45.0% Listings with price cut
40.8%
Sold below listing
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32828 Rentals

Data through Mar 31, 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
$1,523 32828
$1,299 Orange County
$1,315 United States
  • No recent data Breakeven horizon
  • $1,350 Rent list price
  • $0.79 Rent list price / sq ft
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