Ringwood, OK has a median housing value of $173,500 which is much lower than the US House Median Value of $338,100. The appreciation rate for houses in Ringwood, OK over the last year has only been 1.16%, compared to the US average of 8.27%. This low rate of appreciation suggests that Ringwood may not be a great investment market for real estate compared to other areas in the United States. Despite this, it remains an attractive place to live as homes here are reasonably priced and offer good value for money.
The median home cost in Ringwood is $173,500. Home appreciation the last 10 years has been 41.1%. Home Appreciation in Ringwood is up 4.7%.
Average Age of Homes
- The median age of Ringwood real estate is 43 years old
The Rental Market in Ringwood
- Renters make up 14.1% of the Ringwood population
- 0.9% of houses and apartments in Ringwood, 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.