The housing market in Broken Bow, OK is a great option for those looking to invest in real estate. The median value of homes in the area is just over $202,000, which is much lower than the US House Median Value of $338,100. Additionally, homes appreciate at an impressive rate of 13.34%, almost five points more than the national average of 8.27%. This makes investing in housing in Broken Bow an attractive opportunity for those looking to get into the real estate market.
The median home cost in Broken Bow is $202,000. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Broken Bow is up 14.5%.
Average Age of Homes
- The median age of Broken Bow real estate is 39 years old
The Rental Market in Broken Bow
- Renters make up 48.1% of the Broken Bow population
- 4.7% of houses and apartments in Broken Bow, 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.