Home Values

Siletz 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

$145,700

  • -0.7% 1-year change
  • None 1-year forecast

The median home value in Siletz is $145,700. Siletz home values have declined -0.7% over the past year. The median price of homes currently listed in Siletz is $210,000.

Foreclosures will be a factor impacting home values in the next several years. In Siletz 23.7 homes are foreclosed (per 10,000). This is greater than the Lincoln County value of 8.8 and also greater than the national value of 3.9

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 Siletz is 6.5%, which is higher than the national value of 6.3%. 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 Siletz homeowners underwater on their mortgage is 16.0%, which is lower than Lincoln County at 16.7%.

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Relative ZHVI
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Siletz Market Overview

Data through Feb 28, 2015
  • $145,700 ZHVI
  • No data 1-yr forecast
  • $210,000 Median listing price
  • No data Median sale price
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Siletz Market Health

Data through Feb 28, 2015
  • 3.7/10 Less 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
  • 16.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 6.5% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

23.7 homes(Jan 31, 2015) Siletz
8.8 homes Lincoln County
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Neskowin $287,200
Depoe Bay $246,300
South Beach $202,700
Name Median ZHVI
Lincoln City $192,800
Newport $187,100
Seal Rock $178,200
Name Median ZHVI
Waldport $175,100
Toledo $154,200
Otis $143,400

Listings & Sales

Data through Feb 28, 2015
  • $154 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 9.1% Listings with price cut
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Siletz Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,105 Siletz
    $1,226 Lincoln County
    $1,355 United States

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

  • 1.9 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 data Rent list price
  • No data Rent list price / sq ft
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