Redwood Valley 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

$361,300

  • -1.0% 1-year change
  • None 1-year forecast

The median home value in Redwood Valley is $361,300. Redwood Valley home values have declined -1.0% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Redwood Valley 4.7 homes are foreclosed (per 10,000). This is greater than the national value of 3.6

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 Redwood Valley is 4.2%, which is lower than the national value of 6.0%. 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 Redwood Valley homeowners underwater on their mortgage is 15.6%.

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Relative ZHVI
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Redwood Valley Market Overview

Data through Jul 31, 2015
  • $361,300 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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Redwood Valley Market Health

Data through Jul 31, 2015
  • 3.0/10 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.
  • No data Average days on Zillow
  • 15.6% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Mendocino $518,100
Fort Bragg $314,400
Ukiah $278,900
Name Median ZHVI
Willits $205,400
Lakeport $185,000
Upper Lake $183,100
Name Median ZHVI
Lucerne $104,300
Nice $87,900
 

Listings & Sales

  • No data
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Redwood Valley Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,912 Redwood Valley
    $1,773 Ukiah Metro
    $1,376 United States

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

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