The housing market in Lahoma, OK is relatively affordable compared to the United States median value of $338,100. In 2020, the median house value in Lahoma was $118,400 and had a 1.16% appreciation rate from 2019-2020. This is significantly lower than the national rate of 8.27%, which shows that the housing market in this area is more stable than the rest of the US. Overall, Lahoma appears to be a great place to purchase a home at an affordable price with minimal risk for large financial losses due to market fluctuations or depreciation.
The median home cost in Lahoma is $118,400. Home appreciation the last 10 years has been 41.1%. Home Appreciation in Lahoma is up 4.7%.
Average Age of Homes
- The median age of Lahoma real estate is 39 years old
The Rental Market in Lahoma
- Renters make up 15.2% of the Lahoma population
- 0.0% of houses and apartments in Lahoma, 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.