Hubbard Home Prices & Values

$214,100 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

  • 10.8% 1-year change
  • 7.2% 1-year forecast

The median home value in Hubbard is $214,100. Hubbard home values have gone up 10.8% over the past year and Zillow predicts they will rise 7.2% within the next year. The median list price per square foot in Hubbard is $137, which is higher than the Salem Metro average of $129. The median price of homes currently listed in Hubbard is $210,000 while the median price of homes that sold is $259,313.

Foreclosures will be a factor impacting home values in the next several years. In Hubbard 40.3 homes are foreclosed (per 10,000). This is greater than the Salem Metro value of 6.2 and also greater 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 Hubbard is 5.6%, 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 Hubbard homeowners underwater on their mortgage is 24.3%, which is higher than Salem Metro at 21.3%.

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Relative ZHVI
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Hubbard Market Overview

Data through Aug 31, 2014
  • $214,100 ZHVI
  • 7.2% 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

    (Aug 31, 2015)
  • $210,000 Median listing price
  • No recent data Median sale price
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Hubbard Market Health

Data through Aug 31, 2014
  • 4.5/10 Stable 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 days on Zillow
  • 24.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 5.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

40.3 homes Hubbard
6.2 homes Salem Metro
4.3 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
West Linn $401,000 Wilsonville $362,200 Tualatin $338,100
Sherwood $320,400 Aurora $265,700 Canby $250,900
Mount Angel $205,000 Woodburn $152,700 Gervais $151,400

Listings & Sales

Data through Aug 31, 2014
  • $137 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 25.0% Listings with price cut
8.3%
Sold below listing
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Hubbard 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
$1,285 Hubbard
$1,180 Salem Metro
$1,328 United States
  • 1.6 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, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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