Serra Home Prices & Values

$1,554,400 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

  • 12.0% 1-year change
  • 6.1% 1-year forecast

The median home value in Serra is $1,554,400. Serra home values have gone up 12.0% over the past year and Zillow predicts they will rise 6.1% within the next year. The median list price per square foot in Serra is $782, which is higher than the Sunnyvale average of $599. The median price of homes currently listed in Serra is $1,350,000 while the median price of homes that sold is $1,250,091. The median rent price in Serra is $2,651, which is lower than the Sunnyvale median of $2,700.

Foreclosures will be a factor impacting home values in the next several years. In Serra 1.7 homes are foreclosed (per 10,000). This is greater than the Sunnyvale value of 0.3 and also lower than the national value of 4.3

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Relative ZHVI
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Serra Market Overview

Data through Aug 31, 2014
  • $1,554,400 ZHVI
  • 6.1% 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)
  • $1,350,000 Median listing price
  • No recent data Median sale price
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Serra Market Health

Data through Aug 31, 2014
  • 7.2/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

1.7 homes(Dec 31, 2013) Serra
0.3 homes Sunnyvale
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
De Anza $1,373,200 Ortega $1,296,900 Raynor $1,229,500
Washington $1,049,100 Ponderosa $1,012,400 West San Jose $987,700
West Murphy $743,800 Lakewood $732,200 East Murphy $696,200

Listings & Sales

Data through Aug 31, 2014
  • $782 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 14.3% Listings with price cut
6.4%
Sold below listing
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Serra 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
$4,481 Serra
$3,538 Sunnyvale
$1,328 United States
  • 1.6 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)
  • $2,651 Rent list price
  • $2.57 Rent list price / sq ft
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