Home Values

South of Midtown 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

$2,001,900

  • 19.9% 1-year change
  • 6.3% 1-year forecast

The median home value in South of Midtown is $2,001,900. South of Midtown home values have gone up 19.9% over the past year and Zillow predicts they will rise 6.3% within the next year. The median price of homes currently listed in South of Midtown is $1,521,645. The median rent price in South of Midtown is $2,800, which is lower than the Palo Alto median of $3,475.

Foreclosures will be a factor impacting home values in the next several years. In South of Midtown 21.7 homes are foreclosed (per 10,000). This is greater than the Palo Alto value of 0.7 and also greater than the national value of 4.5

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Relative ZHVI
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South of Midtown Market Overview

Data through Oct 31, 2014
  • $2,001,900 ZHVI
  • 6.3% 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
    (Oct 31, 2015)
  • No recent data Median listing price
  • No data Median sale price
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South of Midtown Market Health

Data through Oct 31, 2014
  • 7.5/10 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.
  • 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)
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Nearby Neighborhoods

Name Median ZHVI
Jordan Jr. Hgh School $2,889,100
Palo Verde $2,221,400
Green Acres $2,204,300
Name Median ZHVI
Barron Park $2,190,900
Midtown $1,971,800
Adobe Meadow - Meadow Park $1,947,700
Name Median ZHVI
Greenmeadow $1,888,100
Charleston Meadow $1,655,100
Ventura $1,348,400

Listings & Sales

  • No data
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South of Midtown Rentals

Data through Oct 31, 2014
  • 1.9 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,800 Rent list price
  • $3.20 Rent list price / sq ft
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