Home Values

Ocotillo 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

$374,500

  • 6.6% 1-year change
  • 3.2% 1-year forecast

The median home value in Ocotillo is $374,500. Ocotillo home values have gone up 6.6% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Ocotillo is $166, which is higher than the Chandler average of $139. The median price of homes currently listed in Ocotillo is $349,000 while the median price of homes that sold is $322,000.

Foreclosures will be a factor impacting home values in the next several years. In Ocotillo 2.7 homes are foreclosed (per 10,000). This is greater than the Chandler value of 2.2 and also lower than the national value of 3.9

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Relative ZHVI
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Ocotillo Market Overview

Data through Feb 28, 2015
  • $374,500 ZHVI
  • 3.2% 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
    (Feb 29, 2016)
  • $349,000 Median listing price
  • No recent data Median sale price
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Ocotillo Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.7 homes(Nov 30, 2014) Ocotillo
2.2 homes Chandler
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Balboa Way $548,500
Ocotillo Lakes $401,900
Fox Crossing $344,300
Name Median ZHVI
Carino Estates $318,900
Vinyards $294,400
Sun Lakes $255,700

Listings & Sales

Data through Feb 28, 2015
  • $166 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 22.1% Listings with price cut
9.0%
Sold below listing
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Ocotillo Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,900 Ocotillo
    $1,374 Chandler
    $1,355 United States

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

  • 2.0 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
  • $0.80 Rent list price / sq ft
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