Home Values

Ookala 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

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Ookala is $610,000.

Foreclosures will be a factor impacting home values in the next several years. In Ookala 244.2 homes are foreclosed (per 10,000). This is greater than the Hilo Metro value of 13.9 and also greater 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 Ookala is 0.0%, 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 Ookala homeowners underwater on their mortgage is 6.2%, which is lower than Hilo Metro at 15.0%.

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Relative ZHVI
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Ookala Market Overview

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Ookala Market Health

Data through Dec 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 6.2% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 0.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

244.2 homes(May 31, 2011) Ookala
13.9 homes Hilo Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Waimea $417,300
Papaikou $326,000
Honokaa $307,900
Name Median ZHVI
Hilo $281,900
 
 

Listings & Sales

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Ookala Rentals

Data through Dec 31, 2014
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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