Home Values

Rio Verde 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

$472,300

  • 3.7% 1-year change
  • 1.5% 1-year forecast

The median home value in Rio Verde is $472,300. Rio Verde home values have gone up 3.7% over the past year and Zillow predicts they will rise 1.5% within the next year. The median list price per square foot in Rio Verde is None.

Foreclosures will be a factor impacting home values in the next several years. In Rio Verde 3.1 homes are foreclosed (per 10,000). This is lower than the Phoenix Metro value of 3.7 and also lower than the national value of 3.9

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 Rio Verde is 0.0%, which is lower than the national value of 6.3%. 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 Rio Verde homeowners underwater on their mortgage is 6.8%, which is lower than Phoenix Metro at 20.6%.

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Relative ZHVI
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Rio Verde Market Overview

Data through Apr 30, 2015
  • $472,300 ZHVI
  • 1.5% 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
  • $409,441 Median sale price
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Rio Verde Market Health

Data through Apr 30, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 6.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 0.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.1 homes(Mar 31, 2015) Rio Verde
3.7 homes Phoenix Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Cave Creek $507,000
Scottsdale $374,400
Fountain Hills $347,400
Name Median ZHVI
Apache Junction $146,000
 
 

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $172 Median sale price / sq ft
  • No data Listings with price cut
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Rio Verde Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $2,626 Rio Verde
    $1,247 Phoenix Metro
    $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

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