Home Values

Sun Valley 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

$409,300

  • 10.5% 1-year change
  • 2.9% 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

Neutral

Buyers' Market
Sellers' Market

The median home value in Sun Valley is $409,300. Sun Valley home values have gone up 10.5% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Sun Valley is $318, which is lower than the Los Angeles average of $357. The median price of homes currently listed in Sun Valley is $428,800 while the median price of homes that sold is $389,000. The median rent price in Sun Valley is $2,000, which is lower than the Los Angeles median of $2,300.

Foreclosures will be a factor impacting home values in the next several years. In Sun Valley 0.8 homes are foreclosed (per 10,000). This is lower than the Los Angeles value of 2.1 and also lower than the national value of 4.0

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Relative ZHVI
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Sun Valley Market Overview

Data through Dec 31, 2014
  • $409,300 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
    (Dec 31, 2015)
  • $428,800 Median listing price
  • $389,000 Median sale price
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Sun Valley Market Health

Data through Dec 31, 2014
  • 5.8/10 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
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

0.8 homes Sun Valley
2.1 homes Los Angeles
4 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Valley Village $732,500
Shadow Hills $685,300
Valley Glen $595,300
Name Median ZHVI
La Tuna Canyon $528,100
North Hollywood $474,900
Lakeview Terrace $416,900
Name Median ZHVI
Arleta $383,800
Panorama City $356,200
Pacoima $342,100

Listings & Sales

Data through Dec 31, 2014
  • $318 Median list price / sq ft
  • $295 Median sale price / sq ft
  • 15.8% Listings with price cut
12.0%
Sold below listing
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Sun Valley Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $2,277 Sun Valley
    $2,512 Los Angeles
    $1,345 United States

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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,000 Rent list price
  • $1.81 Rent list price / sq ft
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