Oklahoma County Home Prices & Values

$115,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.8% 1-year change
  • 1.8% 1-year forecast

The median home value in Oklahoma County is $115,200. Oklahoma County home values have gone up 3.8% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Oklahoma County is $94, which is lower than the Oklahoma City Metro average of $95. The median price of homes currently listed in Oklahoma County is $168,000 while the median price of homes that sold is $155,150. The median rent price in Oklahoma County is $800, which is lower than the Oklahoma City Metro median of $950.

Foreclosures will be a factor impacting home values in the next several years. In Oklahoma County 2.7 homes are foreclosed (per 10,000). This is greater than the Oklahoma City Metro value of 2.6 and also lower than the national value of 4.3

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 Oklahoma County is 4.1%, 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 Oklahoma County homeowners underwater on their mortgage is 11.2%, which is higher than Oklahoma City Metro at 10.6%.

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Relative ZHVI
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Oklahoma County Market Overview

Data through Aug 31, 2014
  • $115,200 ZHVI
  • 1.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $168,000 Median listing price
  • $155,150 Median sale price
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Oklahoma County Market Health

Data through Aug 31, 2014
  • 5.4/10 Stable What's This?  
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    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 recent data Average days on Zillow
  • 11.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.1% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes Oklahoma County
2.6 homes Oklahoma City Metro
4.3 homes United States
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Cities in Oklahoma County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Nichols Hills $424,000 Edmond $194,500 Forest Park $181,200
Oklahoma City $119,900 Jones $101,400 Nicoma Park $97,000
Midwest City $85,600 Del City $70,400 Spencer $68,700

Listings & Sales

Data through Aug 31, 2014
  • $94 Median list price / sq ft
  • $91 Median sale price / sq ft
  • 39.1% Listings with price cut
14.2%
Sold below listing
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Oklahoma County Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,091 Oklahoma County
$1,164 Oklahoma City Metro
$1,328 United States
  • 1.6 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $800 Rent list price
  • $0.77 Rent list price / sq ft
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