The housing market in Gate, OK is doing quite well. The median value for homes in the area is currently $97,400, which is much lower than the US median value of $338,100. Over the last year, houses in Gate, OK appreciated by 13.34%, substantially higher than the 8.27% appreciation rate across the US as a whole. This strong growth in the housing market makes Gate an attractive option for potential buyers looking to invest in real estate.
The median home cost in Gate is $97,400. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Gate is up 14.5%.
Average Age of Homes
- The median age of Gate real estate is 70 years old
The Rental Market in Gate
- Renters make up 22.0% of the Gate population
- 8.9% of houses and apartments in Gate, 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.