Rockaway Beach 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

$232,300

  • 11.7% 1-year change
  • None 1-year forecast

The median home value in Rockaway Beach is $232,300. Rockaway Beach home values have gone up 11.7% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Rockaway Beach 3.3 homes are foreclosed (per 10,000). This is lower than the Tillamook County value of 5.3 and also lower than the national value of 3.6

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 Rockaway Beach is 0.0%, which is lower than the national value of 6.0%. 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 Rockaway Beach homeowners underwater on their mortgage is 14.1%, which is lower than Tillamook County at 16.1%.

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Relative ZHVI
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Rockaway Beach Market Overview

Data through Jul 31, 2015
  • $232,300 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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Rockaway Beach Market Health

Data through Jul 31, 2015
  • 6.2/10 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
  • 14.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 0.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

3(Jun 30, 2015) Rockaway Beach
5 Tillamook County
4 United States
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Nearby Cities

Name Median ZHVI
Arch Cape $494,800
Tolovana Park $456,400
Nehalem $311,900
Name Median ZHVI
Cloverdale $268,600
Seaside $232,400
Astoria $189,700
Name Median ZHVI
Tillamook $182,300
Bay City $156,600
 

Listings & Sales

  • No data
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Rockaway Beach Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,381 Rockaway Beach
    $1,411 Tillamook County
    $1,376 United States

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

  • 2.2 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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