The housing market in Colcord, OK is growing rapidly due to a higher rate of appreciation than the US average. The median value of homes in Colcord, OK is $94,500, significantly lower than the US house median value of $338,100. Over a one year period the US saw an appreciation rate of 8.27%, while Colcord experienced an increase of 13.34%, showing a strong upward trend for housing prices in the area. This growth shows that Colcord is a desirable place to live and invest in real estate.
The median home cost in Colcord is $94,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Colcord is up 14.5%.
Average Age of Homes
- The median age of Colcord real estate is 37 years old
The Rental Market in Colcord
- Renters make up 33.9% of the Colcord population
- 1.1% of houses and apartments in Colcord, 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.