The housing market in Wewoka, OK is a great option for potential homeowners. The median value of homes in the area is $63,600, which is significantly less than the median value of homes in the US overall at $338,100. Additionally, the one year house appreciation in Wewoka is 13.34%, which is higher than the average US one year house appreciation of 8.27%. This indicates that housing prices within this area are on the rise and presents an excellent opportunity for potential homebuyers to invest in real estate at a lower price point with potentially higher returns.
The median home cost in Wewoka is $63,600. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Wewoka is up 14.5%.
Average Age of Homes
- The median age of Wewoka real estate is 61 years old
The Rental Market in Wewoka
- Renters make up 32.4% of the Wewoka population
- 2.0% of houses and apartments in Wewoka, 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.