Home Values

Purcell 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 list price per square foot in Purcell is $85, which is lower than the Oklahoma City Metro average of $94. The median price of homes currently listed in Purcell is $149,500 while the median price of homes that sold is $134,500.

Foreclosures will be a factor impacting home values in the next several years. In Purcell 2.7 homes are foreclosed (per 10,000). This is greater than the Oklahoma City Metro value of 1.7 and also lower than the national value of 4.5

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 Purcell is 1.2%, which is lower than the national value of 6.9%. 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 Purcell homeowners underwater on their mortgage is 8.7%, which is lower than Oklahoma City Metro at 10.6%.

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Relative ZHVI
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Purcell Market Overview

Data through Oct 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $149,500 Median listing price
  • $134,500 Median sale price (Aug 31, 2014)
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Purcell Market Health

Data through Oct 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 8.7% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 1.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes(Oct 31, 2013) Purcell
1.7 homes Oklahoma City Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Norman $146,900
Moore $121,900
Noble $107,500
Name Median ZHVI
Slaughterville $99,100
Lexington $80,500
 

Listings & Sales

Data through Oct 31, 2014
  • $85 Median list price / sq ft
  • $82 Median sale price / sq ft (Aug 31, 2014)
  • 36.5% Listings with price cut
16.0%
Sold below listing
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Purcell Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,175 Oklahoma City Metro
    $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

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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