The housing market in Bokchito, OK is thriving, with the median house value currently standing at $194,800. This is significantly lower than the US national median house value of $338,100. However, what Bokchito lacks in high housing prices it makes up for in appreciation rates. Over the past year, the average house appreciation rate in Bokchito has been 13.34%, compared to 8.27% nationally. This indicates a strong trend of increasing home values which could make owning a home or investing in real estate in Bokchito an attractive option.
The median home cost in Bokchito is $194,800. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Bokchito is up 14.5%.
Average Age of Homes
- The median age of Bokchito real estate is 40 years old
The Rental Market in Bokchito
- Renters make up 25.0% of the Bokchito population
- 1.5% of houses and apartments in Bokchito, 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.