Prague, OK is a small city with a population of approximately 2,500 people. The median value of housing in Prague is $138,700, significantly lower than the United States median value of $338,100. Over the course of the past year, home prices in Prague have appreciated by 13.34%, which is higher than the national average appreciation rate of 8.27%. This makes Prague an attractive option for those looking to invest in real estate due to its relatively low cost and high potential return on investment.
The median home cost in Prague is $138,700. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Prague is up 14.5%.
Average Age of Homes
- The median age of Prague real estate is 43 years old
The Rental Market in Prague
- Renters make up 31.6% of the Prague population
- 2.4% of houses and apartments in Prague, 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.