Home Values

Oatfield 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

$283,700

  • 8.7% 1-year change
  • 5.2% 1-year forecast

The median home value in Oatfield is $283,700. Oatfield home values have gone up 8.7% over the past year and Zillow predicts they will rise 5.2% within the next year. The median list price per square foot in Oatfield is None. The median rent price in Oatfield is $1,550, which is higher than the Portland Metro median of $1,395.

Foreclosures will be a factor impacting home values in the next several years. In Oatfield 3.8 homes are foreclosed (per 10,000). This is lower than the Portland Metro value of 6.1 and also lower than the national value of 3.9

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 Oatfield is 7.5%, which is higher than the national value of 6.3%. 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 Oatfield homeowners underwater on their mortgage is 8.8%, which is lower than Portland Metro at 10.9%.

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Relative ZHVI
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Oatfield Market Overview

Data through Apr 30, 2015
  • $283,700 ZHVI
  • 5.2% 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
    (Apr 30, 2016)
  • No data Median listing price
  • $275,118 Median sale price
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Oatfield Market Health

Data through Apr 30, 2015
  • 8.1/10 Very 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 8.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 7.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.8 homes Oatfield
6.1 homes Portland Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Lake Oswego $458,200
West Linn $392,000
Happy Valley $355,100
Name Median ZHVI
Clackamas $273,900
Oregon City $268,600
Oak Grove $240,400
Name Median ZHVI
Jennings Lodge $239,700
Gladstone $230,000
Milwaukie $228,900

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $172 Median sale price / sq ft
  • No data Listings with price cut
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Oatfield Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,727 Oatfield
    $1,614 Portland Metro
    $1,364 United States

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

  • 1.7 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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