The housing market in New Cordell, OK is growing rapidly. The median value for houses in the city stands at $81,500, which is much lower than the US median house value of $338,100. Over the past year, there has been a significant appreciation rate of 13.34%, much higher than the 8.27% national average. This indicates that now is a great time to invest in real estate in New Cordell as it can expect to continue to appreciate in the near future.
The median home cost in New Cordell is $81,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in New Cordell is up 14.5%.
Average Age of Homes
- The median age of New Cordell real estate is 56 years old
The Rental Market in New Cordell
- Renters make up 29.1% of the New Cordell population
- 4.1% of houses and apartments in New Cordell, 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.