Nichols Hills, OK is a beautiful and affluent suburb of Oklahoma City, and its housing market reflects this. The median value of housing in Nichols Hills is $830,400 which is more than double the national median value of $338,100. In the past year alone the house appreciation in Nichols Hills has been 11.70%, significantly higher than the US average of 8.27%. This indicates that there is strong demand for real estate in Nichols Hills and that prices are continuing to rise at an impressive pace. For those looking to invest in property or purchase a home in an exclusive area, Nichols Hills should be high on the list of considerations.
The median home cost in Nichols Hills is $830,400. Home appreciation the last 10 years has been 77.5%. Home Appreciation in Nichols Hills is up 13.0%.
Average Age of Homes
- The median age of Nichols Hills real estate is 62 years old
The Rental Market in Nichols Hills
- Renters make up 14.9% of the Nichols Hills population
- 0.0% of houses and apartments in Nichols Hills, 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.