Home Values

Hoquiam 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

$74,800

  • -5.9% 1-year change
  • None 1-year forecast

The median home value in Hoquiam is $74,800. Hoquiam home values have declined -5.9% over the past year. The median list price per square foot in Hoquiam is $57, which is lower than the Aberdeen Metro average of $104. The median price of homes currently listed in Hoquiam is $79,500 while the median price of homes that sold is $52,941.

Foreclosures will be a factor impacting home values in the next several years. In Hoquiam 7.3 homes are foreclosed (per 10,000). This is greater than the national value of 4.0

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 Hoquiam is 6.1%, which is lower than the national value of 6.4%. 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 Hoquiam homeowners underwater on their mortgage is 36.4%.

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Relative ZHVI
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Hoquiam Market Overview

Data through Jan 31, 2015
  • $74,800 ZHVI
  • No data 1-yr forecast
  • $79,500 Median listing price
  • No recent data Median sale price
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Hoquiam Market Health

Data through Jan 31, 2015
  • 0.7/10 Less healthy
    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.
    (Dec 31, 2014)
  • No data Average days on Zillow
  • 36.4% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.1% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

7.3 homes(Dec 31, 2014) Hoquiam
4 homes United States
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Nearby Cities

Name Median ZHVI
Montesano $150,100
Elma $142,100
Grayland $131,800
Name Median ZHVI
Ocean Shores $125,200
Aberdeen $102,200
 

Listings & Sales

Data through Jan 31, 2015
  • $57 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
23.1%
Sold below listing
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Hoquiam Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $775 Hoquiam
    $882 Aberdeen Metro
    $1,350 United States

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

  • 1.0 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
  • $0.50 Rent list price / sq ft
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