McAlester, Oklahoma is an affordable city for housing. The median value of homes in McAlester comes in at $135,500 compared to the US House Median Value of $338,100. Not only is McAlester more affordable, but it also offers a higher appreciation rate over the last year than the rest of the country at 13.34% versus 8.27%. This means that homebuyers and real estate investors will be able to realize wider profits with properties located in McAlester than elsewhere.
The median home cost in McAlester is $135,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in McAlester is up 14.5%.
Average Age of Homes
- The median age of McAlester real estate is 48 years old
The Rental Market in McAlester
- Renters make up 34.1% of the McAlester population
- 2.6% of houses and apartments in McAlester, 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.