San Carlos Home Prices & Values

$1,295,000 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

  • 15.0% 1-year change
  • 6.2% 1-year forecast

The median home value in San Carlos is $1,295,000. San Carlos home values have gone up 15.0% over the past year and Zillow predicts they will rise 6.2% within the next year. The median list price per square foot in San Carlos is $674, which is higher than the San Francisco Metro average of $410. The median price of homes currently listed in San Carlos is $1,279,000 while the median price of homes that sold is $1,342,850.

Foreclosures will be a factor impacting home values in the next several years. In San Carlos 0.7 homes are foreclosed (per 10,000). This is lower than the San Francisco Metro value of 1.5 and also lower than the national value of 4.4

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 San Carlos is 0.0%, which is lower than the national value of 6.9%. 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 San Carlos homeowners underwater on their mortgage is 1.9%, which is lower than San Francisco Metro at 8.2%.

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Relative ZHVI
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San Carlos Market Overview

Data through Jul 31, 2014
  • $1,295,000 ZHVI
  • 6.2% 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

    (Jul 31, 2015)
  • $1,279,000 Median listing price
  • $1,342,850 Median sale price (Jun 30, 2014)
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San Carlos Market Health

Data through Jul 31, 2014
  • 10.0/10 Very 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 days on Zillow
  • 1.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

0.7 homes(Mar 31, 2014) San Carlos
1.5 homes San Francisco Metro
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Atherton $4,714,800 Woodside $3,333,900 Emerald Lake Hills $1,659,000
Highlands-Baywood Park $1,390,500 Belmont $1,204,500 Foster City $1,114,400
Redwood City $1,031,600 San Mateo $884,800 North Fair Oaks $629,700

Listings & Sales

Data through Jul 31, 2014
  • $674 Median list price / sq ft
  • $797 Median sale price / sq ft (Jun 30, 2014)
  • 15.6% Listings with price cut
3.8%
Sold below listing
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San Carlos Rentals

Data through Jul 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
$4,390 San Carlos
$2,874 San Francisco Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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