Faxon, OK is an affordable place to live, with the median house value being $143,400 which is lower than the national median of $338,100. The housing market in Faxon has seen a steady appreciation rate of 9.28% over the past year, higher than the US's 8.27%. This indicates that Faxon may be an attractive place for potential buyers looking to take advantage of a good deal on housing as well as a strong market for potential sellers.
The median home cost in Faxon is $143,400. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Faxon is up 17.8%.
Average Age of Homes
- The median age of Faxon real estate is 41 years old
The Rental Market in Faxon
- Renters make up 6.1% of the Faxon population
- 0.0% of houses and apartments in Faxon, 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.