Home Values

Summer Place Village 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

$173,100

  • 5.8% 1-year change
  • 4.7% 1-year forecast

The median home value in Summer Place Village is $173,100. Summer Place Village home values have gone up 5.8% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in Summer Place Village is $122, which is higher than the Mesa average of $118. The median price of homes currently listed in Summer Place Village is $165,000 while the median price of homes that sold is $169,900. The median rent price in Summer Place Village is $900, which is lower than the Mesa median of $1,075.

Foreclosures will be a factor impacting home values in the next several years. In Summer Place Village 4.3 homes are foreclosed (per 10,000). This is lower than the Mesa value of 4.4 and also greater than the national value of 4.2

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Relative ZHVI
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Summer Place Village Market Overview

Data through Nov 30, 2014
  • $173,100 ZHVI
  • 4.7% 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)
  • $165,000 Median listing price
  • $169,900 Median sale price (Oct 31, 2014)
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Summer Place Village Market Health

Data through Nov 30, 2014
  • 9.2/10 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 (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

4.3 homes Summer Place Village
4.4 homes Mesa
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Reed Park $149,300
 
 

Listings & Sales

Data through Nov 30, 2014
  • $122 Median list price / sq ft
  • $102 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
23.1%
Sold below listing
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Summer Place Village Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,145 Summer Place Village
    $1,202 Mesa
    $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

  • 1.2 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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