Home Values

Cleveland County 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

$139,500

  • 4.2% 1-year change
  • 2.6% 1-year forecast

The median home value in Cleveland County is $139,500. Cleveland County home values have gone up 4.2% over the past year and Zillow predicts they will rise 2.6% within the next year. The median list price per square foot in Cleveland County is None. The median rent price in Cleveland County is $1,175, which is higher than the Oklahoma City Metro median of $1,025.

Foreclosures will be a factor impacting home values in the next several years. In Cleveland County 1.2 homes are foreclosed (per 10,000). This is lower than the Oklahoma City Metro value of 1.3 and also lower than the national value of 3.5

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 3.3%, which is lower than the national value of 6.0%. 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 Cleveland County homeowners underwater on their mortgage is 7.9%, which is lower than Oklahoma City Metro at 9.2%.

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Relative ZHVI
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Cleveland County Market Overview

Data through May 31, 2015
  • $139,500 ZHVI
  • 2.6% 1-yr forecast
    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, 2016)
  • No data Median listing price
  • $152,450 Median sale price
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Cleveland County Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • 75 Average days on Zillow (Apr 30, 2015)
  • 7.9% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.3% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1.2 homes Cleveland County
1.3 homes Oklahoma City Metro
3.5 homes United States
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Cities in Cleveland County

Name Median ZHVI
Norman $138,600
Moore $116,900
Noble $100,100
Name Median ZHVI
Slaughterville $96,100
Lexington $85,700
 

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $94 Median sale price / sq ft
  • No data Listings with price cut
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Cleveland County Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,258 Cleveland County
    $1,179 Oklahoma City Metro
    $1,367 United States

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

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,175 Rent list price
  • $0.83 Rent list price / sq ft
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