ZILLOW HOME VALUE INDEX
Dec 2016Jan 2018Dec 2018
The median home value in San Joaquin County is $329,900. San Joaquin County home values have gone up 10.2% over the past year and Zillow predicts they will rise 6.6% within the next year. The median list price per square foot in San Joaquin County is $201, which is the same as the Stockton Metroaverage of $201. The median price of homes currently listed in San Joaquin County is $360,000 while the median price of homes that sold is $334,300. The median rent price in San Joaquin County is $1,800, which is the same as the Stockton Metro median of $1,800.
Foreclosures will be a factor impacting home values in the next several years. In San Joaquin County 1.3 homes are foreclosed (per 10,000). This is the same as the Stockton Metro value of 1.3 and also lower than the national value of 1.6
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 San Joaquin County is 0.0%, which is lower than the national value of 0.0%. 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 San Joaquin County homeowners underwater on their mortgage is 0.1%, which is the same as Stockton Metro at 0.1%.