Ponca City Metro Area, OK Housing

The housing market in the Ponca City, OK Metro Area is performing well compared to the US median value. The median value of a house in Ponca City stands at $95,500 which is significantly lower than the US median value of $338,100. In addition, the rate of appreciation for houses in Ponca City has been 11.89%, much higher than the US rate of 8.27%. This indicates that despite being lower than the national median house price, houses in Ponca City are seeing substantial growth year over year and could be a good investment.

The median home cost in Ponca City Metro Area is $95,500. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Ponca City Metro Area is up 14.5%.

Average Age of Homes

- The median age of Ponca City Metro Area real estate is 55 years old

The Rental Market in Ponca City Metro Area

- Renters make up 25.2% of the Ponca City Metro Area population
- 2.9% of houses and apartments in Ponca City 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ponca City, Oklahoma	United States
	21,051.0	139,647,020.0
	59	42
	$95,500	$338,100
	14.5%	16.6%
	45.0%	57.0%
	62.1%	101.1%
	$7.46	$10.98
	$726	$2,690
	54.3%	57.4%
	19.6%	11.2%
	26.0%	31.4%
Vacant Housing
	2.9%	1.9%
	0.3%	0.4%
	1.5%	0.7%
	4.1%	0.4%
	2.8%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	6.7%	2.6%
	9.3%	2.4%
	12.3%	2.8%
	11.0%	3.9%
	11.9%	4.5%
	19.6%	11.3%
	12.4%	13.0%
	8.5%	20.1%
	5.2%	13.6%
	1.0%	8.3%
	0.8%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.9%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	6.0%	13.6%
	10.5%	13.2%
	16.1%	14.8%
	6.0%	13.6%
	20.4%	10.0%
	9.1%	4.7%
	18.3%	12.2%

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