92130 Home Prices & Values

$874,400 (Zillow Home Value Index) 

  • 12.4% 1-year change
  •  
  • 4.7% 1-year forecast
Dec 2012Jan 2014Dec 2014

Market Temperature: Cool meaning it is not a Buyers' Market nor  Sellers' Market

The median home value in 92130 is $874,400. 92130 home values have gone up 12.4% over the past year and Zillow predicts they will rise 4.7% within the next year. The median list price per square foot in 92130 is $408, which is higher than the San Diego average of $345. The median price of homes currently listed in 92130 is $975,000 while the median price of homes that sold is $751,875.

Foreclosures will be a factor impacting home values in the next several years. In 92130 0.4 homes are foreclosed (per 10,000). This is lower than the San Diego value of 1.7 and also lower than the national value of 4.8

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 92130 is 2.9%, which is lower than the national value of 8.0%. 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 92130 homeowners underwater on their mortgage is 6.0%, which is lower than San Diego at 12.5%.

 

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