Home Values

O'Hara Township 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

$250,000

  • 8.7% 1-year change
  • 2.7% 1-year forecast

The median home value in O'Hara Township is $250,000. O'Hara Township home values have gone up 8.7% over the past year and Zillow predicts they will rise 2.7% within the next year. The median list price per square foot in O'Hara Township is $151, which is higher than the Pittsburgh Metro average of $103. The median price of homes currently listed in O'Hara Township is $299,900 while the median price of homes that sold is $319,100. The median rent price in O'Hara Township is $1,250, which is higher than the Pittsburgh Metro median of $995.

Foreclosures will be a factor impacting home values in the next several years. In O'Hara Township 6.6 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 2.6 and also greater than the national value of 4.5

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 O'Hara Township is 3.8%, which is lower than the national value of 6.9%. 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 O'Hara Township homeowners underwater on their mortgage is 6.7%, which is lower than Pittsburgh Metro at 10.6%.

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Relative ZHVI
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O'Hara Township Market Overview

Data through Oct 31, 2014
  • $250,000 ZHVI
  • 2.7% 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
    (Oct 31, 2015)
  • $299,900 Median listing price
  • $319,100 Median sale price (Sep 30, 2014)
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O'Hara Township Market Health

Data through Oct 31, 2014
  • 7.8/10 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.
  • No data Average days on Zillow
  • 6.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6.6 homes O'Hara Township
2.6 homes Pittsburgh Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Fox Chapel $609,300
Aspinwall $245,100
Indiana Township $212,700
Name Median ZHVI
Oakmont $171,600
Harmar Township $118,800
Blawnox $107,800
Name Median ZHVI
Etna $75,200
Sharpsburg $69,700
Verona $64,900

Listings & Sales

Data through Oct 31, 2014
  • $151 Median list price / sq ft
  • $152 Median sale price / sq ft (Sep 30, 2014)
  • 50.0% Listings with price cut
23.3%
Sold below listing
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O'Hara Township Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,856 O'Hara Township
    $1,141 Pittsburgh Metro
    $1,337 United States

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

  • 1.6 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 recent data Rent list price
  • No recent data Rent list price / sq ft
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