Home Values

Truckee 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

$505,400

  • 9.2% 1-year change
  • None 1-year forecast

The median home value in Truckee is $505,400. Truckee home values have gone up 9.2% over the past year. The median list price per square foot in Truckee is $325, which is higher than the Truckee Metro average of $227. The median price of homes currently listed in Truckee is $549,000 while the median price of homes that sold is $479,750. The median rent price in Truckee is $1,950, which is higher than the Truckee Metro median of $1,325.

Foreclosures will be a factor impacting home values in the next several years. In Truckee 1.1 homes are foreclosed (per 10,000). This is lower than the national value of 4.0

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 Truckee is 3.2%, 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 Truckee homeowners underwater on their mortgage is 9.7%.

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Relative ZHVI
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Truckee Market Overview

Data through Jan 31, 2015
  • $505,400 ZHVI
  • No data 1-yr forecast
  • $549,000 Median listing price
  • $479,750 Median sale price
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Truckee Market Health

Data through Jan 31, 2015
  • 9.1/10 Very 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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 9.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.1 homes Truckee
4 homes United States
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Nearby Cities

Name Median ZHVI
Tahoe City $655,500
Homewood $612,200
Incline Village $610,000
Name Median ZHVI
Sunnyside-Tahoe City $557,600
Carnelian Bay $533,300
Tahoma $487,700
Name Median ZHVI
Tahoe Vista $455,900
Kings Beach $411,700
Verdi-Mogul $338,200

Listings & Sales

Data through Jan 31, 2015
  • $325 Median list price / sq ft
  • $284 Median sale price / sq ft
  • No data Listings with price cut
15.9%
Sold below listing
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Truckee Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,936 Truckee
    $1,665 Truckee Metro
    $1,350 United States

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

  • 1.7 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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