Home Values

Okolona 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

$114,300

  • 1.1% 1-year change
  • 2.8% 1-year forecast

The median home value in Okolona is $114,300. Okolona home values have gone up 1.1% over the past year and Zillow predicts they will rise 2.8% within the next year. The median list price per square foot in Okolona is None. The median rent price in Okolona is $875, which is higher than the Louisville median of $795.

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 Okolona homeowners underwater on their mortgage is 13.5%, which is lower than Louisville at 17.1%.

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Relative ZHVI
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Okolona Market Overview

Data through Mar 31, 2015
  • $114,300 ZHVI
  • 2.8% 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
    (Mar 31, 2016)
  • No data Median listing price
  • $96,500 Median sale price (Jan 31, 2015)
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Okolona Market Health

Data through Mar 31, 2015
  • 8.6/10 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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 13.5% Homes with negative equity (16.9% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (6.3% US Avg)
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Nearby Neighborhoods

Name Median ZHVI
Gardiner Lane $219,600
Hayfield Dundee $198,200
Poplar Level $141,500
Name Median ZHVI
Bon Air $117,700
Prestonia $101,600
Camp Taylor $98,000
Name Median ZHVI
Bashford Manor $83,000
Soutland Park $82,300
Edgewood $76,000

Listings & Sales

Data through Jan 31, 2015
  • No recent data Median list price / sq ft
  • $90 Median sale price / sq ft
  • No data Listings with price cut
37.2%
Sold below listing
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Okolona Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $995 Okolona
    $875 Louisville
    $1,362 United States

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

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No recent data Rent list price
  • No recent data Rent list price / sq ft
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