The housing market in Wakita, OK is more affordable than the US average, with a median value of $56,400 compared to the national average of $338,100. Although the US house appreciation rate for the past year was 8.27%, Wakita had a much lower appreciation rate of 1.16%. This may indicate that house prices in Wakita are relatively stable and not appreciating as quickly as other areas within the US.
The median home cost in Wakita is $56,400. Home appreciation the last 10 years has been 41.1%. Home Appreciation in Wakita is up 4.7%.
Average Age of Homes
- The median age of Wakita real estate is 61 years old
The Rental Market in Wakita
- Renters make up 18.9% of the Wakita population
- 4.3% of houses and apartments in Wakita, 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.