Oceana Home Prices & Values

$178,700 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

  • 5.1% 1-year change
  • 2.0% 1-year forecast

The median home value in Oceana is $178,700. Oceana home values have gone up 5.1% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Oceana is $117, which is lower than the Virginia Beach average of $149. The median price of homes currently listed in Oceana is $204,900 while the median price of homes that sold is $259,000.

Foreclosures will be a factor impacting home values in the next several years. In Oceana 14.0 homes are foreclosed (per 10,000). This is greater than the Virginia Beach value of 3.7 and also greater than the national value of 4.3

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Relative ZHVI
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Oceana Market Overview

Data through Aug 31, 2014
  • $178,700 ZHVI
  • 2.0% 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)
  • $204,900 Median listing price
  • No recent data Median sale price
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Oceana Market Health

Data through Aug 31, 2014
  • 2.1/10 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 days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

14 homes(Jul 31, 2014) Oceana
3.7 homes Virginia Beach
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Croatan Beach $738,600 The North End $586,200 Alanton $411,100
Linkhorn Park $369,400 Great Neck $329,600 Kings Grant $323,300
Seatack $230,000 Green Run $194,500 Princess Anne Plaza $190,700

Listings & Sales

Data through Aug 31, 2014
  • $117 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.4% Listings with price cut
27.3%
Sold below listing
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Oceana 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
$1,250 Oceana
$1,545 Virginia Beach
$1,328 United States
  • 3.5 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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