The housing market in Pettit, OK is flourishing. The median value of a house in the area is $190,900, significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate for Pettit, OK is 13.34%, much higher than the national average of 8.27%. This means that if you are looking to buy a home in Pettit, you will likely find that it has increased in value over the past year more quickly than many other areas across the country.
The median home cost in Pettit is $190,900. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Pettit is up 14.5%.
Average Age of Homes
- The median age of Pettit real estate is 26 years old
The Rental Market in Pettit
- Renters make up 9.3% of the Pettit population
- 3.0% of houses and apartments in Pettit, 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.