Grove, OK is a great place to own a home. The median value of homes in the area is $229,200, which is much lower than the US median house value of $338,100. In the past year, the US housing appreciation rate was 8.27%, while Grove's real estate appreciated by 13.34%. This rapid increase in property values can be an exciting opportunity for any potential homebuyers or investors looking to get into the market. With its more affordable housing and higher rates of appreciation, Grove is an attractive option when it comes to deciding where to buy a home.
The median home cost in Grove is $229,200. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Grove is up 14.5%.
Average Age of Homes
- The median age of Grove real estate is 28 years old
The Rental Market in Grove
- Renters make up 24.7% of the Grove population
- 3.3% of houses and apartments in Grove, 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.