The McAlester, OK Metro Area has seen significant growth in the value of housing over the past year. The median value of a home in the area is currently $126,900, which is significantly lower than the US median value of $338,100. The US house appreciation rate for the last year was 8.27%, while the McAlester Metro Area saw an impressive increase of 13.34%. This increase is indicative of a strong local economy and demonstrates potential for continued growth in the future.
The median home cost in McAlester Metro Area is $126,900. Home appreciation the last 10 years has been 62.1%. Home Appreciation in McAlester Metro Area is up 14.5%.
Average Age of Homes
- The median age of McAlester Metro Area real estate is 39 years old
The Rental Market in McAlester Metro Area
- Renters make up 22.9% of the McAlester Metro Area population
- 1.4% of houses and apartments in McAlester Metro Area, 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.