Home Values

The Plaza 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

$568,300

  • 2.9% 1-year change
  • 1.1% 1-year forecast

The median home value in The Plaza is $568,300. The Plaza home values have gone up 2.9% over the past year and Zillow predicts they will rise 1.1% within the next year. The median list price per square foot in The Plaza is $388, which is higher than the Long Beach average of $357. The median price of homes currently listed in The Plaza is $559,000 while the median price of homes that sold is $531,625.

Foreclosures will be a factor impacting home values in the next several years. In The Plaza 1.4 homes are foreclosed (per 10,000). This is lower than the Long Beach value of 2.5 and also lower than the national value of 3.9

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Relative ZHVI
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The Plaza Market Overview

Data through Feb 28, 2015
  • $568,300 ZHVI
  • 1.1% 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
    (Feb 29, 2016)
  • $559,000 Median listing price
  • $531,625 Median sale price (Jan 31, 2015)
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The Plaza Market Health

Data through Feb 28, 2015
  • 6.8/10 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 (6.3% US Avg)

Homes foreclosed (per 10,000)

1.4 homes(Jan 31, 2015) The Plaza
2.5 homes Long Beach
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Bixby Hill $889,200
Park Estates $856,300
El Dorado Park Estates $661,500
Name Median ZHVI
Rancho Estates $637,100
State College Area $613,400
Lakewood Village $593,300
Name Median ZHVI
El Dorado South $581,400
Los Altos $568,900
City College Area $553,900

Listings & Sales

Data through Feb 28, 2015
  • $388 Median list price / sq ft
  • $395 Median sale price / sq ft (Jan 31, 2015)
  • 10.3% Listings with price cut
6.6%
Sold below listing
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The Plaza Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $2,466 The Plaza
    $2,298 Long Beach
    $1,355 United States

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

  • 1.5 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 data Rent list price
  • $1.77 Rent list price / sq ft (Jan 31, 2015)
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