The housing market in Leon, OK is performing well, with a median house value of $88,900. This is significantly lower than the national median house value of $338,100. However, due to strong economic growth and high demand for housing in the area, Leon has seen a 13.34% house appreciation rate in the past year compared to the US rate of 8.27%. This indicates that Leon is a great place to invest in real estate with potential for excellent returns on investments in both the short and long term.
The median home cost in Leon is $88,900. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Leon is up 14.5%.
Average Age of Homes
- The median age of Leon real estate is 59 years old
The Rental Market in Leon
- Renters make up 38.9% of the Leon population
- 0.0% of houses and apartments in Leon, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.