Sunset Hill Home Prices & Values

$616,000 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

  • 12.2% 1-year change
  • 8.8% 1-year forecast

Market Temperature: HotWhat's This?
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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

Buyers' Market Sellers' Market

The median home value in Sunset Hill is $616,000. Sunset Hill home values have gone up 12.2% over the past year and Zillow predicts they will rise 8.8% within the next year. The median list price per square foot in Sunset Hill is $385, which is higher than the Seattle average of $339. The median price of homes currently listed in Sunset Hill is $595,000 while the median price of homes that sold is $506,350.

Foreclosures will be a factor impacting home values in the next several years. In Sunset Hill 8.9 homes are foreclosed (per 10,000). This is greater than the Seattle value of 2.8 and also greater than the national value of 4.3

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Relative ZHVI
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Sunset Hill Market Overview

Data through Jun 30, 2014
  • $616,000 ZHVI
  • 8.8% 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

    (Jun 30, 2015)
  • $595,000 Median listing price
  • $506,350 Median sale price
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Sunset Hill Market Health

Data through Jun 30, 2014
  • 9.9/10 Very 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 of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

8.9 homes(Jan 31, 2014) Sunset Hill
2.8 homes Seattle
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Olympic Manor $710,700 Blue Ridge $677,300 North Beach $666,300
Magnolia $661,000 Loyal Heights $523,000 Whittier Heights $518,000
East Ballard $499,400 Crown Hill $426,200 Ballard $397,600

Listings & Sales

Data through Jun 30, 2014
  • $385 Median list price / sq ft
  • $407 Median sale price / sq ft
  • 13.6% Listings with price cut
5.4%
Sold below listing
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Sunset Hill Rentals

Data through Jun 30, 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
$2,381 Sunset Hill
$2,074 Seattle
$1,310 United States
  • 4.0 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, 2013)
  • No data Rent list price
  • No recent data Rent list price / sq ft
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