Home Values

85755 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

$259,500

  • 1.5% 1-year change
  • 2.0% 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 zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

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Buyers' Market
Sellers' Market

The median home value in 85755 is $259,500. 85755 home values have gone up 1.5% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in 85755 is $146, which is lower than the Tortolita average of $159. The median price of homes currently listed in 85755 is $270,300 while the median price of homes that sold is $242,250. The median rent price in 85755 is $1,300.

Foreclosures will be a factor impacting home values in the next several years. In 85755 1.2 homes are foreclosed (per 10,000). This is lower than the Tortolita value of 5.9 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 85755 is 3.6%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 85755 homeowners underwater on their mortgage is 15.8%.

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Relative ZHVI
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85755 Market Overview

Data through Nov 30, 2014
  • $259,500 ZHVI
  • 2.0% 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)
  • $270,300 Median listing price
  • $242,250 Median sale price
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85755 Market Health

Data through Nov 30, 2014
  • 6.6/10 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
  • 15.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.6% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.2 homes 85755
5.9 homes(May 31, 2014) Tortolita
4.2 homes United States
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Nearby Zip Codes

Name Median ZHVI
85718 $413,000
85750 $346,800
85739 $312,600
Name Median ZHVI
85658 $277,900
85737 $266,100
85704 $236,500
Name Median ZHVI
85742 $177,900
85741 $155,200
85705 $104,700

Listings & Sales

Data through Nov 30, 2014
  • $146 Median list price / sq ft
  • $138 Median sale price / sq ft
  • No data Listings with price cut
28.3%
Sold below listing
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85755 Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,387 85755
    $1,506 Tortolita
    $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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,300 Rent list price
  • $0.74 Rent list price / sq ft
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