Harrah Home Prices & Values

$135,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.8% 1-year change
  • 3.8% 1-year forecast

The median home value in Harrah is $135,600. Harrah home values have gone up 4.8% over the past year and Zillow predicts they will rise 3.8% within the next year. The median list price per square foot in Harrah is $88, which is lower than the Oklahoma City Metro average of $95. The median price of homes currently listed in Harrah is $136,500 while the median price of homes that sold is $128,559.

Foreclosures will be a factor impacting home values in the next several years. In Harrah 5.6 homes are foreclosed (per 10,000). This is greater than the Oklahoma City Metro value of 1.6 and also greater 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 Harrah is 2.8%, which is lower than the national value of 7.2%. 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 Harrah homeowners underwater on their mortgage is 8.2%, which is lower than Oklahoma City Metro at 11.9%.

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Relative ZHVI
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Harrah Market Overview

Data through May 31, 2014
  • $135,600 ZHVI
  • 3.8% 1-yr forecast What's This?  
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    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, 2015)
  • $136,500 Median listing price
  • $128,559 Median sale price (Apr 30, 2014)
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Harrah Market Health

Data through May 31, 2014
  • 7.2/10 Healthy What's This?  
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    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 of days on Zillow
  • 8.2% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 2.8% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)

Homes foreclosed (per 10,000)

5.6 homes(Mar 31, 2014) Harrah
1.6 homes Oklahoma City Metro
4.8 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Choctaw $147,700 Bethel Acres $124,500 Jones $103,000
Nicoma Park $94,400 McLoud $94,000 Midwest City $82,200
Shawnee $72,300 Spencer $68,800 Tecumseh $62,900

Listings & Sales

Data through May 31, 2014
  • $88 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 33.3% Listings with price cut
24.4%
Sold below listing
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Harrah Rentals

Data through May 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
$1,156 Harrah
$1,128 Oklahoma City Metro
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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