Home Values

Santa Cruz County 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

$663,100

  • 10.1% 1-year change
  • 6.0% 1-year forecast

The median home value in Santa Cruz County is $663,100. Santa Cruz County home values have gone up 10.1% over the past year and Zillow predicts they will rise 6.0% within the next year. The median list price per square foot in Santa Cruz County is None.

Foreclosures will be a factor impacting home values in the next several years. In Santa Cruz County 0.7 homes are foreclosed (per 10,000). This is the same as the Santa Cruz Metro value of 0.7 and also lower than the national value of 3.0

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 Santa Cruz County is 4.3%, 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 Santa Cruz County homeowners underwater on their mortgage is 6.9%, which is the same as Santa Cruz Metro at 6.9%.

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Relative ZHVI
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Santa Cruz County Market Overview

Data through Mar 31, 2015
  • $663,100 ZHVI
  • 6.0% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $609,100 Median sale price
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Santa Cruz County Market Health

Data through Mar 31, 2015
  • 9.4/10 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.
    (Feb 28, 2015)
  • 82 Average days on Zillow (Feb 28, 2015)
  • 6.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 4.3% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

0.7 homes Santa Cruz County
0.7 homes Santa Cruz Metro
3 homes United States
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Cities in Santa Cruz County

Name Median ZHVI
Aptos $697,700
Santa Cruz $688,300
Scotts Valley $669,300
Name Median ZHVI
Capitola $649,500
Soquel $641,900
Ben Lomond $468,300
Name Median ZHVI
Felton $433,100
Boulder Creek $384,800
Freedom $338,100

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $385 Median sale price / sq ft
  • No data Listings with price cut
9.6%
Sold below listing
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Santa Cruz County Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $2,747 Santa Cruz County
    $2,747 Santa Cruz Metro
    $1,362 United States

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

  • 2.6 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
  • $2.01 Rent list price / sq ft
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