Home Values

73142 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

$207,800

  • 7.4% 1-year change
  • 3.1% 1-year forecast

The median home value in 73142 is $207,800. 73142 home values have gone up 7.4% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in 73142 is $115, which is higher than the Oklahoma City average of $95. The median price of homes currently listed in 73142 is $275,000 while the median price of homes that sold is $189,800. The median rent price in 73142 is $1,295, which is higher than the Oklahoma City median of $829.

Foreclosures will be a factor impacting home values in the next several years. In 73142 1.8 homes are foreclosed (per 10,000). This is the same as the Oklahoma City value of 1.8 and also lower than the national value of 4.0

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 73142 is 2.8%, which is lower than the national value of 6.4%. 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 73142 homeowners underwater on their mortgage is 11.3%, which is higher than Oklahoma City at 11.0%.

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Relative ZHVI
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73142 Market Overview

Data through Dec 31, 2014
  • $207,800 ZHVI
  • 3.1% 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
    (Dec 31, 2015)
  • $275,000 Median listing price
  • $189,800 Median sale price (Nov 30, 2014)
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73142 Market Health

Data through Dec 31, 2014
  • 8.0/10 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
  • 11.3% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 2.8% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

1.8 homes(Oct 31, 2014) 73142
1.8 homes Oklahoma City
4 homes United States
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Nearby Zip Codes

Name Median ZHVI
73012 $198,500
73116 $192,100
73162 $170,500
Name Median ZHVI
73120 $144,700
73132 $142,200
73122 $109,300
Name Median ZHVI
73112 $108,700
73008 $102,000
73114 $70,900

Listings & Sales

Data through Dec 31, 2014
  • $115 Median list price / sq ft
  • $96 Median sale price / sq ft (Nov 30, 2014)
  • 13.7% Listings with price cut
5.6%
Sold below listing
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73142 Rentals

Data through Dec 31, 2014
  • Zillow Rent Index

  • $1,633 73142
    $1,136 Oklahoma City
    $1,345 United States

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

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,295 Rent list price
  • $0.83 Rent list price / sq ft
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