Home Values

Mayes 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

$95,000

  • -3.7% 1-year change
  • None 1-year forecast

The median home value in Mayes County is $95,000. Mayes County home values have declined -3.7% over the past year. The median list price per square foot in Mayes County is $84, which is lower than the Oklahoma average of $87. The median price of homes currently listed in Mayes County is $130,000 while the median price of homes that sold is $94,225.

Foreclosures will be a factor impacting home values in the next several years. In Mayes County 1.3 homes are foreclosed (per 10,000). This is greater than the Oklahoma value of 1.2 and also lower 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 Mayes County is 2.4%, 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 Mayes County homeowners underwater on their mortgage is 14.3%, which is higher than Oklahoma at 12.8%.

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Relative ZHVI
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Mayes County Market Overview

Data through Sep 30, 2014
  • $95,000 ZHVI
  • No data 1-yr forecast
  • $130,000 Median listing price
  • $94,225 Median sale price (Aug 31, 2014)
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Mayes County Market Health

Data through Sep 30, 2014
  • 7.1/10 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.
  • No data Average days on Zillow
  • 14.3% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 2.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.3 homes(Nov 30, 2013) Mayes County
1.2 homes Oklahoma
4 homes United States
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Cities in Mayes County

Name Median ZHVI
Adair $108,400
Chouteau $96,800
Locust Grove $85,700
Name Median ZHVI
Pryor $72,100
 
 

Listings & Sales

Data through Sep 30, 2014
  • $84 Median list price / sq ft
  • $64 Median sale price / sq ft (Aug 31, 2014)
  • 28.4% Listings with price cut
21.1%
Sold below listing
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Mayes County Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $956 Mayes County
    $994 Oklahoma
    $1,335 United States

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

  • 1.5 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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