Town of Oconomowoc Home Prices & Values

$228,800 Zillow Home Value Index What's This?  
Close

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

  • 4.2% 1-year change
  • 1.3% 1-year forecast

The median home value in Town of Oconomowoc is $228,800. Town of Oconomowoc home values have gone up 4.2% over the past year and Zillow predicts they will rise 1.3% within the next year. The median list price per square foot in Town of Oconomowoc is $140, which is higher than the Milwaukee Metro average of $113. The median price of homes currently listed in Town of Oconomowoc is $245,000 while the median price of homes that sold is $271,575.

Foreclosures will be a factor impacting home values in the next several years. In Town of Oconomowoc 2.5 homes are foreclosed (per 10,000). This is lower than the Milwaukee Metro value of 3.9 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 Town of Oconomowoc is 4.9%, 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 Town of Oconomowoc homeowners underwater on their mortgage is 8.5%, which is lower than Milwaukee Metro at 21.2%.

more
Relative ZHVI
- +

Town of Oconomowoc Market Overview

Data through Aug 31, 2014
  • $228,800 ZHVI
  • 1.3% 1-yr forecast What's This?  
    Close

    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)
  • $245,000 Median listing price
  • $271,575 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Oconomowoc Market Health

Data through Aug 31, 2014
  • 7.2/10 Healthy What's This?  
    Close

    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
  • 8.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.5 homes Town of Oconomowoc
3.9 homes Milwaukee Metro
4.3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Summit $368,300 Town of Delafield $364,600 Town of Merton $342,700
Nashotah $316,100 Erin $303,300 Hartland $223,700
Dousman $214,800 Ixonia $185,800 Neosho $183,500

Listings & Sales

Data through Aug 31, 2014
  • $140 Median list price / sq ft
  • $126 Median sale price / sq ft (Jul 31, 2014)
  • 41.3% Listings with price cut
21.8%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Town of Oconomowoc 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
$1,703 Town of Oconomowoc
$1,415 Milwaukee Metro
$1,328 United States
  • 2.7 Breakeven horizon What's This?  
    Close

    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
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

 
 
 
Sign in with Google