Winnetka Home Prices & Values

$451,200 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

  • 15.9% 1-year change
  • 10.2% 1-year forecast

Market Temperature: NeutralWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Winnetka is $451,200. Winnetka home values have gone up 15.9% over the past year and Zillow predicts they will rise 10.2% within the next year. The median list price per square foot in Winnetka is $272, which is lower than the Los Angeles average of $368. The median price of homes currently listed in Winnetka is $427,500 while the median price of homes that sold is $417,875. The median rent price in Winnetka is $2,245, which is higher than the Los Angeles median of $2,100.

Foreclosures will be a factor impacting home values in the next several years. In Winnetka 2.6 homes are foreclosed (per 10,000). This is greater than the Los Angeles value of 2.3 and also lower than the national value of 4.8

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Relative ZHVI
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Winnetka Market Overview

Data through May 31, 2014
  • $451,200 ZHVI
  • 10.2% 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

    (May 31, 2015)
  • $427,500 Median listing price
  • $417,875 Median sale price
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Winnetka Market Health

Data through May 31, 2014
  • 8.9/10 Very 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 of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

2.6 homes Winnetka
2.3 homes Los Angeles
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Encino $731,000 Woodland Hills $702,400 Porter Ranch $675,800
Tarzana $656,400 West Hills $621,000 Northridge $591,800
Chatsworth $503,700 Canoga Park $446,300 Reseda $406,800

Listings & Sales

Data through May 31, 2014
  • $272 Median list price / sq ft
  • $261 Median sale price / sq ft
  • 23.2% Listings with price cut
12.1%
Sold below listing
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Winnetka Rentals

Data through May 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
$2,330 Winnetka
$2,388 Los Angeles
$1,310 United States
  • 3.0 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, 2013)
  • $2,245 Rent list price
  • $1.53 Rent list price / sq ft
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