Oak Creek Home Prices & Values

$121,600 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

  • -0.7% 1-year change
  • -0.5% 1-year forecast

The median home value in Oak Creek is $121,600. Oak Creek home values have declined -0.7% over the past year and Zillow predicts they will fall -0.5% within the next year. The median price of homes currently listed in Oak Creek is $131,900 while the median price of homes that sold is $172,000. The median rent price in Oak Creek is $910, which is lower than the Milwaukee Metro median of $915.

Foreclosures will be a factor impacting home values in the next several years. In Oak Creek 4.0 homes are foreclosed (per 10,000). This is the same as the Milwaukee Metro value of 4.0 and also lower than the national value of 4.8

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Relative ZHVI
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Oak Creek Market Overview

Data through May 31, 2014
  • $121,600 ZHVI
  • -0.5% 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)
  • $131,900 Median listing price
  • No recent data Median sale price
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Oak Creek Market Health

Data through May 31, 2014
  • 1.4/10 Less 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
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

4 homes Oak Creek
4 homes Milwaukee Metro
4.8 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Wind Point $237,000 Raymond $224,900 Caledonia $166,800
Mount Pleasant $142,200 Franklin $137,000 Cudahy $129,300
Sturtevant $112,800 Racine $109,600 Greenfield $97,600

Listings & Sales

Data through May 31, 2014
  • $94 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 19.6% Listings with price cut
2.4%
Sold below listing
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Oak Creek 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
$1,163 Oak Creek
$1,340 Milwaukee Metro
$1,310 United States
  • 3.0 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)
  • $910 Rent list price
  • $0.82 Rent list price / sq ft
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