95046 Home Prices & Values

$899,600 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

  • 17.0% 1-year change
  • 6.3% 1-year forecast

The median home value in 95046 is $899,600. 95046 home values have gone up 17.0% over the past year and Zillow predicts they will rise 6.3% within the next year. The median price of homes currently listed in 95046 is $1,199,900.

Foreclosures will be a factor impacting home values in the next several years. In 95046 10.6 homes are foreclosed (per 10,000). This is the same as the San Martin value of 10.6 and also greater than the national value of 4.3

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 95046 is 9.1%, which is higher 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 95046 homeowners underwater on their mortgage is 4.5%, which is the same as San Martin at 4.5%.

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Relative ZHVI
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95046 Market Overview

Data through Aug 31, 2014
  • $899,600 ZHVI
  • 6.3% 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

    (Aug 31, 2015)
  • $1,199,900 Median listing price
  • No data Median sale price
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95046 Market Health

Data through Aug 31, 2014
  • 7.9/10 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
  • 4.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 9.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

10.6 homes(Jul 31, 2014) 95046
10.6 homes(Jul 31, 2014) San Martin
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
95120 $1,174,100 95138 $943,700 95135 $909,900
95037 $774,100 95119 $714,800 95139 $677,700
95020 $588,600 95004 $513,700 95076 $410,400

Listings & Sales

Data through Aug 31, 2014
  • $419 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 37.0% Listings with price cut
7.0%
Sold below listing
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95046 Rentals

Data through Aug 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
$3,130 95046
$3,109 San Martin
$1,328 United States
  • 1.4 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, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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