Home Values

73008 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

$101,800

  • 4.4% 1-year change
  • 3.2% 1-year forecast

The median home value in 73008 is $101,800. 73008 home values have gone up 4.4% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in 73008 is $79, which is lower than the Oklahoma City average of $96. The median price of homes currently listed in 73008 is $119,500 while the median price of homes that sold is $104,300. The median rent price in 73008 is $850, which is lower than the Oklahoma City median of $875.

Foreclosures will be a factor impacting home values in the next several years. In 73008 1.8 homes are foreclosed (per 10,000). This is greater than the Oklahoma City value of 1.7 and also lower than the national value of 3.9

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 73008 homeowners underwater on their mortgage is 11.0%, which is higher than Oklahoma City at 10.8%.

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Relative ZHVI
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73008 Market Overview

Data through Feb 28, 2015
  • $101,800 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)
  • $119,500 Median listing price
  • $104,300 Median sale price (Jan 31, 2015)
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73008 Market Health

Data through Feb 28, 2015
  • 7.7/10 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
  • 11.0% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

1.8 homes(Dec 31, 2014) 73008
1.7 homes Oklahoma City
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
73116 $179,700
73162 $163,800
73128 $152,900
Name Median ZHVI
73179 $145,300
73132 $138,100
73122 $106,800
Name Median ZHVI
73112 $105,000
73127 $99,400
73107 $80,400

Listings & Sales

Data through Feb 28, 2015
  • $79 Median list price / sq ft
  • $78 Median sale price / sq ft (Jan 31, 2015)
  • 12.7% Listings with price cut
13.9%
Sold below listing
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73008 Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $959 73008
    $1,122 Oklahoma City
    $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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $850 Rent list price
  • $0.75 Rent list price / sq ft
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