Madill, OK is an excellent place to invest in housing. The median value of a house in this area is $127,700, much lower than the US median of $338,100. Additionally, the appreciation rate for homes in Madill is 13.34%, while the US average is 8.27%. This means that homes in Madill are increasing in value more rapidly than those across the nation as a whole. For those looking to buy property, Madill offers an excellent opportunity for long-term investment potential.
The median home cost in Madill is $127,700. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Madill is up 14.5%.
Average Age of Homes
- The median age of Madill real estate is 49 years old
The Rental Market in Madill
- Renters make up 25.4% of the Madill population
- 2.5% of houses and apartments in Madill, 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.