The housing market in Spavinaw, OK is on the rise. The median value of a home there is $114,900, which is significantly lower than the national median value of $338,100. In the last year, houses have appreciated by 13.34%, while the national average is 8.27%. This indicates that there is strong demand for homes in Spavinaw and suggests the trend of appreciation will likely continue as more people flock to the area.
The median home cost in Spavinaw is $114,900. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Spavinaw is up 14.5%.
Average Age of Homes
- The median age of Spavinaw real estate is 55 years old
The Rental Market in Spavinaw
- Renters make up 15.1% of the Spavinaw population
- 3.2% of houses and apartments in Spavinaw, 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.