The housing market in Drummond, OK is very different from the national average. The median value of a home in Drummond, OK is $145,200, which is less than half of the US median house value of $338,100. However, while homes across the nation have seen an appreciation rate of 8.27% over the last year, homes in Drummond have only appreciated by 1.16%. Although home values are much lower in Drummond than elsewhere, they remain relatively stable.
The median home cost in Drummond is $145,200. Home appreciation the last 10 years has been 41.1%. Home Appreciation in Drummond is up 4.7%.
Average Age of Homes
- The median age of Drummond real estate is 48 years old
The Rental Market in Drummond
- Renters make up 21.8% of the Drummond population
- 0.0% of houses and apartments in Drummond, 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.