Home Values

Traffic Circle 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

$476,000

  • 5.7% 1-year change
  • 2.1% 1-year forecast

The median home value in Traffic Circle is $476,000. Traffic Circle home values have gone up 5.7% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Traffic Circle is $318, which is lower than the Long Beach average of $344. The median price of homes currently listed in Traffic Circle is $440,000 while the median price of homes that sold is $441,000. The median rent price in Traffic Circle is $1,750, which is higher than the Long Beach median of $1,350.

Foreclosures will be a factor impacting home values in the next several years. In Traffic Circle 6.1 homes are foreclosed (per 10,000). This is greater than the Long Beach value of 3.2 and also greater than the national value of 4.2

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Relative ZHVI
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Traffic Circle Market Overview

Data through Nov 30, 2014
  • $476,000 ZHVI
  • 2.1% 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
    (Nov 30, 2015)
  • $440,000 Median listing price
  • No recent data Median sale price
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Traffic Circle Market Health

Data through Nov 30, 2014
  • 6.3/10 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)

6.1 homes Traffic Circle
3.2 homes Long Beach
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Park Estates $887,700
Alamitos Heights $852,900
Belmont Heights $704,100
Name Median ZHVI
Los Altos $573,800
City College Area $550,300
Rose Park $475,300
Name Median ZHVI
Bluff Heights $466,200
East Side $358,500
Zaferia $312,500

Listings & Sales

Data through Nov 30, 2014
  • $318 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
27.3%
Sold below listing
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Traffic Circle Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $2,184 Traffic Circle
    $2,237 Long Beach
    $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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,750 Rent list price
  • No data Rent list price / sq ft
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