Home Values

97361 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

$198,600

  • 3.6% 1-year change
  • 4.2% 1-year forecast

The median home value in 97361 is $198,600. 97361 home values have gone up 3.6% over the past year and Zillow predicts they will rise 4.2% within the next year. The median list price per square foot in 97361 is None. The median rent price in 97361 is $850, which is lower than the Monmouth median of $900.

Foreclosures will be a factor impacting home values in the next several years. In 97361 4.9 homes are foreclosed (per 10,000). This is lower than the Monmouth value of 5.0 and also greater than the national value of 3.5

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 97361 homeowners underwater on their mortgage is 18.3%, which is higher than Monmouth at 14.6%.

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Relative ZHVI
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97361 Market Overview

Data through May 31, 2015
  • $198,600 ZHVI
  • 4.2% 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
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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97361 Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 18.3% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

4.9 homes 97361
5 homes Monmouth
3.5 homes United States
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Nearby Zip Codes

Name Median ZHVI
97330 $280,700
97333 $250,300
97370 $234,400
Name Median ZHVI
97321 $210,700
97306 $208,300
97302 $198,100
Name Median ZHVI
97338 $178,000
97351 $149,800
97378 $146,800

Listings & Sales

  • No data
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97361 Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,288 97361
    $1,286 Monmouth
    $1,367 United States

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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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