96140 Home Prices & Values

$521,900 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

  • 3.4% 1-year change
  • 2.9% 1-year forecast

The median home value in 96140 is $521,900. 96140 home values have gone up 3.4% over the past year and Zillow predicts they will rise 2.9% within the next year. The median price of homes currently listed in 96140 is $579,900.

Foreclosures will be a factor impacting home values in the next several years. In 96140 4.4 homes are foreclosed (per 10,000). This is greater than the Truckee value of 1.0 and also greater than the national value of 4.3

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 96140 homeowners underwater on their mortgage is 12.2%, which is higher than Truckee at 11.1%.

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Relative ZHVI
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96140 Market Overview

Data through Aug 31, 2014
  • $521,900 ZHVI
  • 2.9% 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

    (Aug 31, 2015)
  • $579,900 Median listing price
  • No data Median sale price
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96140 Market Health

Data through Aug 31, 2014
  • 3.4/10 Less 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 days on Zillow
  • 12.2% Homes with negative equity (17.0% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

4.4 homes(Dec 31, 2012) 96140
1 home Truckee
4.3 homes United States
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
96146 $600,200 89451 $587,000 96141 $575,900
96145 $534,500 96161 $486,400 96148 $474,300
96142 $437,300 96143 $358,300 89703 $282,900

Listings & Sales

Data through Aug 31, 2014
  • $355 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 50.0% Listings with price cut
7.1%
Sold below listing
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96140 Rentals

Data through Aug 31, 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
$1,772 96140
$1,954 Truckee
$1,328 United States
  • 2.8 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, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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