The housing market in the Miami, OK Metro Area has been on a steady rise in recent years. The median housing value in the Miami, OK Metro Area is $106,500 which is much lower than the US House median value of $338,100. However, the house appreciation rate in this area over the past year has been 13.94%, significantly higher than the US average of 8.27%. This indicates that investing in real estate in this area could be a viable option for those looking to make a return on their investment.
The median home cost in Miami Metro Area is $106,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Miami Metro Area is up 14.5%.
Average Age of Homes
- The median age of Miami Metro Area real estate is 44 years old
The Rental Market in Miami Metro Area
- Renters make up 24.4% of the Miami Metro Area population
- 2.5% of houses and apartments in Miami 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.