Housing in Drumright, OK is significantly more affordable than the US housing median value of $338,100. Despite the lower cost of housing in Drumright, it has experienced a much higher appreciation rate of 13.94% over the past year compared to the 8.27% nationwide appreciation rate. The median house value in Drumright is currently $94,600 and while this may seem like a bargain compared to the national median, it is still an increase of 13.94%, indicating that housing prices in Drumright are steadily rising.
The median home cost in Drumright is $94,600. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Drumright is up 17.0%.
Average Age of Homes
- The median age of Drumright real estate is 49 years old
The Rental Market in Drumright
- Renters make up 30.0% of the Drumright population
- 3.7% of houses and apartments in Drumright, 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.