Home Values

Seaside 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

$378,700

  • 7.3% 1-year change
  • 2.9% 1-year forecast

The median home value in Seaside is $378,700. Seaside home values have gone up 7.3% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Seaside is $316, which is lower than the Salinas Metro average of $369. The median price of homes currently listed in Seaside is $399,000 while the median price of homes that sold is $375,154. The median rent price in Seaside is $1,805, which is higher than the Salinas Metro median of $1,795.

Foreclosures will be a factor impacting home values in the next several years. In Seaside 1.6 homes are foreclosed (per 10,000). This is lower than the Salinas Metro value of 2.1 and also lower than the national value of 4.2

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 Seaside is 5.1%, which is lower than the national value of 6.4%. 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 Seaside homeowners underwater on their mortgage is 19.6%, which is higher than Salinas Metro at 16.1%.

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Relative ZHVI
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Seaside Market Overview

Data through Nov 30, 2014
  • $378,700 ZHVI
  • 2.9% 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)
  • $399,000 Median listing price
  • No recent data Median sale price
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Seaside Market Health

Data through Nov 30, 2014
  • 6.1/10 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
  • 19.6% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.6 homes Seaside
2.1 homes Salinas Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Del Monte Forest $1,694,100
Carmel $1,220,200
Carmel Valley $884,800
Name Median ZHVI
Pacific Grove $725,800
Monterey $638,300
Aromas $502,500
Name Median ZHVI
Del Rey Oaks $466,600
Marina $418,200
Salinas $358,000

Listings & Sales

Data through Nov 30, 2014
  • $316 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
9.2%
Sold below listing
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Seaside Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,943 Seaside
    $2,023 Salinas 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

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,805 Rent list price
  • $1.73 Rent list price / sq ft
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