Home Values

Romoland 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

$265,000

  • 17.9% 1-year change
  • 9.0% 1-year forecast

The median home value in Romoland is $265,000. Romoland home values have gone up 17.9% over the past year and Zillow predicts they will rise 9.0% within the next year. The median price of homes currently listed in Romoland is $289,000.

Foreclosures will be a factor impacting home values in the next several years. In Romoland 11.2 homes are foreclosed (per 10,000). This is greater than the Riverside Metro value of 4.2 and also greater than the national value of 4.2

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 Romoland homeowners underwater on their mortgage is 25.4%, which is higher than Riverside Metro at 18.2%.

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Relative ZHVI
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Romoland Market Overview

Data through Nov 30, 2014
  • $265,000 ZHVI
  • 9.0% 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
    (Nov 30, 2015)
  • $289,000 Median listing price
  • No data Median sale price
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Romoland Market Health

Data through Nov 30, 2014
  • 8.8/10 Very 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
  • 25.4% Homes with negative equity (16.9% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

11.2 homes Romoland
4.2 homes Riverside Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Canyon Lake $392,100
Winchester $345,200
Wildomar $326,700
Name Median ZHVI
Menifee $310,200
Nuevo $268,400
Moreno Valley $246,500
Name Median ZHVI
Perris $226,200
Sun City $190,700
Quail Valley $137,000

Listings & Sales

Data through Nov 30, 2014
  • $129 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Romoland Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,611 Romoland
    $1,653 Riverside Metro
    $1,342 United States

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

  • 0.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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