Home Values

93277 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

$175,700

  • 5.9% 1-year change
  • 4.1% 1-year forecast

The median home value in 93277 is $175,700. 93277 home values have gone up 5.9% over the past year and Zillow predicts they will rise 4.1% within the next year. The median list price per square foot in 93277 is $119, which is higher than the Visalia average of $118. The median price of homes currently listed in 93277 is $199,000 while the median price of homes that sold is $186,400.

Foreclosures will be a factor impacting home values in the next several years. In 93277 5.9 homes are foreclosed (per 10,000). This is greater than the Visalia value of 4.1 and also greater 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 93277 is 5.1%, 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 93277 homeowners underwater on their mortgage is 25.2%, which is lower than Visalia at 25.7%.

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Relative ZHVI
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93277 Market Overview

Data through Dec 31, 2014
  • $175,700 ZHVI
  • 4.1% 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
    (Dec 31, 2015)
  • $199,000 Median listing price
  • $186,400 Median sale price
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93277 Market Health

Data through Dec 31, 2014
  • 5.0/10 Stable
    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
  • 25.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 5.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

5.9 homes 93277
4.1 homes Visalia
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
93631 $226,000
93291 $193,700
93292 $181,000
Name Median ZHVI
93230 $164,800
93618 $155,200
93274 $149,500
Name Median ZHVI
93223 $117,800
93212 $108,300
93235 $96,300

Listings & Sales

Data through Dec 31, 2014
  • $119 Median list price / sq ft
  • $118 Median sale price / sq ft
  • 15.2% Listings with price cut
15.3%
Sold below listing
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93277 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,201 93277
    $1,216 Visalia
    $1,345 United States

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

  • 1.4 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 data Rent list price
  • $0.79 Rent list price / sq ft
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