Home Values

Optimist Park NE 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

$227,400

  • 4.8% 1-year change
  • 3.9% 1-year forecast

The median home value in Optimist Park NE is $227,400. Optimist Park NE home values have gone up 4.8% over the past year and Zillow predicts they will rise 3.9% within the next year. The median price of homes currently listed in Optimist Park NE is $229,900. The median rent price in Optimist Park NE is $1,250, which is higher than the Tempe median of $1,180.

Foreclosures will be a factor impacting home values in the next several years. In Optimist Park NE 8.8 homes are foreclosed (per 10,000). This is greater than the Tempe value of 3.3 and also greater than the national value of 4.5

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Relative ZHVI
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Optimist Park NE Market Overview

Data through Oct 31, 2014
  • $227,400 ZHVI
  • 3.9% 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)
  • $229,900 Median listing price
  • No data Median sale price
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Optimist Park NE Market Health

Data through Oct 31, 2014
  • 6.4/10 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
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

8.8 homes(Jul 31, 2014) Optimist Park NE
3.3 homes Tempe
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Camelot Village $371,000
Optimist Park SE $253,800
Optimist Park SW $241,800
Name Median ZHVI
Optimist Park NW $238,900
Dava-Lakeshore $236,900
Rural-Geneva $235,200
Name Median ZHVI
Dobson Ranch $209,700
Meyer Park $188,900
Woodglen $186,700

Listings & Sales

Data through Oct 31, 2014
  • $138 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 61.5% Listings with price cut
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Optimist Park NE Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,316 Optimist Park NE
    $1,306 Tempe
    $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

  • 1.5 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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