The housing market in Welch, OK is a strong one. The median value of homes in the area are much less than the national median at $187,900 compared to $338,100. However, while the US has seen an 8.27% house appreciation rate over the past year, Welch has seen a 13.34% appreciation rate, showing that this market is flourishing and may be a great opportunity for potential buyers or investors.
The median home cost in Welch is $187,900. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Welch is up 14.5%.
Average Age of Homes
- The median age of Welch real estate is 46 years old
The Rental Market in Welch
- Renters make up 15.4% of the Welch population
- 2.1% of houses and apartments in Welch, 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.