The housing market in Canute, OK is doing quite well with a median value of $131,800 and an impressive 1 year house appreciation rate of 13.34%, which is higher than the US average of 8.27%. This indicates that property values are increasing at a relatively fast pace in Canute, making it an attractive option for potential homeowners looking to invest in a growing market. Despite the lower median value compared to the US House Median Value of $338,100, Canute's rising housing prices make it an enticing opportunity for those who want to get into property investment.
The median home cost in Canute is $131,800. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Canute is up 14.5%.
Average Age of Homes
- The median age of Canute real estate is 62 years old
The Rental Market in Canute
- Renters make up 12.0% of the Canute population
- 2.3% of houses and apartments in Canute, 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.