The housing situation in Altus, OK is quite stable with a median value of $87,900. This number is significantly lower than the U.S. median house value of $338,100, and yet has experienced a year-over-year appreciation rate of 9.28%, which is slightly higher than the national average of 8.27%. Altus offers reasonably priced housing options that are still expected to appreciate in the future making it a great option for buyers looking for an affordable place to call home.
The median home cost in Altus is $87,900. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Altus is up 17.8%.
Average Age of Homes
- The median age of Altus real estate is 46 years old
The Rental Market in Altus
- Renters make up 40.5% of the Altus population
- 3.8% of houses and apartments in Altus, 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.