Home Values

Four Oaks 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

$125,100

  • 1.3% 1-year change
  • 2.0% 1-year forecast

The median home value in Four Oaks is $125,100. Four Oaks home values have gone up 1.3% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Four Oaks is $96, which is lower than the Raleigh Metro average of $113. The median price of homes currently listed in Four Oaks is $159,863 while the median price of homes that sold is $123,000.

Foreclosures will be a factor impacting home values in the next several years. In Four Oaks 3.7 homes are foreclosed (per 10,000). This is greater than the Raleigh Metro value of 3.0 and also lower than the national value of 3.9

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 Four Oaks is 8.0%, which is higher than the national value of 6.3%. 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 Four Oaks homeowners underwater on their mortgage is 12.7%, which is higher than Raleigh Metro at 11.9%.

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Relative ZHVI
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Four Oaks Market Overview

Data through Feb 28, 2015
  • $125,100 ZHVI
  • 2.0% 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
    (Feb 29, 2016)
  • $159,863 Median listing price
  • No recent data Median sale price
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Four Oaks Market Health

Data through Feb 28, 2015
  • 5.1/10 Stable
    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 days on Zillow
  • 12.7% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 8.0% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.7 homes(Jan 31, 2015) Four Oaks
3 homes Raleigh Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Willow Spring $162,300
Clayton $162,200
Garner $149,400
Name Median ZHVI
Angier $132,600
Benson $124,800
Princeton $118,900
Name Median ZHVI
Smithfield $118,500
Coats $96,200
Selma $74,500

Listings & Sales

Data through Feb 28, 2015
  • $96 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 10.0% Listings with price cut
23.1%
Sold below listing
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Four Oaks Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $928 Four Oaks
    $1,344 Raleigh Metro
    $1,355 United States

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

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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