Burns Flat, Oklahoma is a small town with a median housing value of $93,400. This is significantly lower than the US median house value of $338,100. However, Burns Flat has seen a greater appreciation in the last year than the rest of the country, with an appreciation of 13.34%, compared to 8.27% across the nation. This indicates that Burns Flat is an attractive option for potential home buyers looking for more affordable housing prices and higher rates of appreciation.
The median home cost in Burns Flat is $93,400. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Burns Flat is up 14.5%.
Average Age of Homes
- The median age of Burns Flat real estate is 58 years old
The Rental Market in Burns Flat
- Renters make up 48.4% of the Burns Flat population
- 3.8% of houses and apartments in Burns Flat, 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.