Gracemont, OK is an attractive place to live given its low housing median value of $78,800 compared to the US median of $338,100. In addition, the one year house appreciation rate in Gracemont is 11.89%, which is higher than the US average of 8.27%. This makes Gracemont a great place to invest in real estate. The low housing prices combined with the high appreciation rate make it ideal for potential homeowners and investors alike.
The median home cost in Gracemont is $78,800. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Gracemont is up 17.4%.
Average Age of Homes
- The median age of Gracemont real estate is 49 years old
The Rental Market in Gracemont
- Renters make up 22.6% of the Gracemont population
- 9.0% of houses and apartments in Gracemont, 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.