Cleveland County Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Cleveland County is $98, which is higher than the Oklahoma City Metro average of $95. The median price of homes currently listed in Cleveland County is $169,900 while the median price of homes that sold is $135,150. The median rent price in Cleveland County is $1,120, which is higher than the Oklahoma City Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Cleveland County 2.6 homes are foreclosed (per 10,000). This is the same as the Oklahoma City Metro value of 2.6 and also lower than the national value of 4.3

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 Cleveland County is 3.1%, 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 Cleveland County homeowners underwater on their mortgage is 9.0%, which is lower than Oklahoma City Metro at 10.6%.

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Relative ZHVI
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Cleveland County Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $169,900 Median listing price
  • $135,150 Median sale price
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Cleveland County Market Health

Data through Aug 31, 2014
  • 9.5/10 Very healthy What's This?  
    Close

    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 recent data Average days on Zillow
  • 9.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.6 homes Cleveland County
2.6 homes Oklahoma City Metro
4.3 homes United States
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Cities in Cleveland County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Norman $142,400 Moore $123,100 Noble $106,700
Slaughterville $98,500 Lexington $84,200  

Listings & Sales

Data through Aug 31, 2014
  • $98 Median list price / sq ft
  • $89 Median sale price / sq ft
  • 35.8% Listings with price cut
16.2%
Sold below listing
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Cleveland County Rentals

Data through Aug 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
$1,217 Cleveland County
$1,164 Oklahoma City Metro
$1,328 United States
  • 1.7 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,120 Rent list price
  • $0.79 Rent list price / sq ft
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