Home Values

Weed 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

$155,300

  • 11.8% 1-year change
  • None 1-year forecast

The median home value in Weed is $155,300. Weed home values have gone up 11.8% over the past year. The median list price per square foot in Weed is $112, which is lower than the Siskiyou County average of $123. The median price of homes currently listed in Weed is $189,000 while the median price of homes that sold is $179,100.

Foreclosures will be a factor impacting home values in the next several years. In Weed 3.9 homes are foreclosed (per 10,000). This is greater than the Siskiyou County value of 3.4 and also 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 Weed is 3.3%, which is lower than the national value of 6.9%. 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 Weed homeowners underwater on their mortgage is 23.7%, which is higher than Siskiyou County at 22.9%.

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Relative ZHVI
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Weed Market Overview

Data through Sep 30, 2014
  • $155,300 ZHVI
  • No data 1-yr forecast
  • $189,000 Median listing price
  • No recent data Median sale price
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Weed Market Health

Data through Sep 30, 2014
  • 1.6/10 Less 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
  • 23.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.9 homes(Aug 31, 2014) Weed
3.4 homes Siskiyou County
4 homes United States
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Nearby Cities

Name Median ZHVI
Mount Shasta $230,200
McCloud $142,800
Yreka $135,900
Name Median ZHVI
Dunsmuir $127,800
 
 

Listings & Sales

Data through Sep 30, 2014
  • $112 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 22.5% Listings with price cut
33.3%
Sold below listing
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Weed Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,253 Weed
    $1,263 Siskiyou County
    $1,335 United States

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

  • 1.1 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
  • No recent data Rent list price / sq ft
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