The housing market in Nicoma Park, OK is doing well. The median value of homes there is currently at $156,400, which is notably lower than the US median home value of $338,100. Over the past year, homes in the area have seen an appreciation of 11.84%, which is higher than the national average of 8.27%. This indicates that Nicoma Park's housing market is strong and has room for further growth.
The median home cost in Nicoma Park is $156,400. Home appreciation the last 10 years has been 73.3%. Home Appreciation in Nicoma Park is up 16.4%.
Average Age of Homes
- The median age of Nicoma Park real estate is 51 years old
The Rental Market in Nicoma Park
- Renters make up 22.6% of the Nicoma Park population
- 1.9% of houses and apartments in Nicoma Park, 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.