Home Values

Turlock 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

$243,600

  • 14.5% 1-year change
  • 6.3% 1-year forecast

The median home value in Turlock is $243,600. Turlock home values have gone up 14.5% over the past year and Zillow predicts they will rise 6.3% within the next year. The median list price per square foot in Turlock is $159, which is higher than the Modesto Metro average of $141. The median price of homes currently listed in Turlock is $279,000 while the median price of homes that sold is $244,000. The median rent price in Turlock is $975, which is lower than the Modesto Metro median of $1,035.

Foreclosures will be a factor impacting home values in the next several years. In Turlock 1.1 homes are foreclosed (per 10,000). This is lower than the Modesto Metro value of 3.9 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 Turlock is 3.8%, 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 Turlock homeowners underwater on their mortgage is 16.8%, which is lower than Modesto Metro at 21.1%.

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Relative ZHVI
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Turlock Market Overview

Data through Nov 30, 2014
  • $243,600 ZHVI
  • 6.3% 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)
  • $279,000 Median listing price
  • $244,000 Median sale price
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Turlock Market Health

Data through Nov 30, 2014
  • 6.7/10 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
  • 16.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 3.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.1 homes Turlock
3.9 homes Modesto Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Hughson $262,200
Denair $254,800
Hilmar $242,100
Name Median ZHVI
Riverbank $212,500
Modesto $201,900
Ceres $200,600
Name Median ZHVI
Waterford $178,400
Keyes $141,100
Winton $129,300

Listings & Sales

Data through Nov 30, 2014
  • $159 Median list price / sq ft
  • $159 Median sale price / sq ft
  • No data Listings with price cut
13.6%
Sold below listing
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Turlock Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,266 Turlock
    $1,206 Modesto Metro
    $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

  • 0.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $975 Rent list price
  • $0.86 Rent list price / sq ft
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