The housing market in Tonkawa, OK is an attractive one for potential homeowners. The median value of homes in the area is $87,700, much lower than the US median of $338,100. In addition, the one year appreciation rate of homes in Tonkawa is 13.34%, much higher than the US average of 8.27%. These factors combined make Tonkawa an ideal place for potential home buyers looking to purchase a home at an affordable price and enjoy increasing returns over time.
The median home cost in Tonkawa is $87,700. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Tonkawa is up 14.5%.
Average Age of Homes
- The median age of Tonkawa real estate is 66 years old
The Rental Market in Tonkawa
- Renters make up 28.9% of the Tonkawa population
- 2.3% of houses and apartments in Tonkawa, 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.