Home Values

Serra Mesa 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

$484,800

  • 4.0% 1-year change
  • 0.8% 1-year forecast

Market temperature 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Hot
Buyers' Market
Sellers' Market

The median home value in Serra Mesa is $484,800. Serra Mesa home values have gone up 4.0% over the past year and Zillow predicts they will rise 0.8% within the next year. The median rent price in Serra Mesa is $2,065, which is lower than the San Diego median of $2,070.

Foreclosures will be a factor impacting home values in the next several years. In Serra Mesa 1.6 homes are foreclosed (per 10,000). This is greater than the San Diego value of 1.5 and also lower than the national value of 3.8

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Relative ZHVI
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Serra Mesa Market Overview

Data through Jun 30, 2015
  • $484,800 ZHVI
  • 0.8% 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
    (Jun 30, 2016)
  • No data Median listing price
  • $509,231 Median sale price
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Serra Mesa Market Health

Data through Jun 30, 2015
  • 3.7/10 Less 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
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

2(May 31, 2015) Serra Mesa
2 San Diego
4 United States
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Nearby Neighborhoods

Name Median ZHVI
Kensington $714,500
Adams North $577,000
University Heights $476,700
Name Median ZHVI
Bird Land $453,100
Kearny Mesa $428,700
Linda Vista $410,400
Name Median ZHVI
Normal Heights $373,300
Mission Valley East $362,500
Grantville $225,400

Listings & Sales

Data through Jun 30, 2015
  • No recent data Median list price / sq ft
  • $340 Median sale price / sq ft
  • No data Listings with price cut
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Serra Mesa Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $2,312 Serra Mesa
    $2,358 San Diego
    $1,369 United States

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

  • 3.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • $2,065 Rent list price
  • $2.16 Rent list price / sq ft
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