Zip 74501 (McAlester, OK) Housing

The housing market in 74501 McAlester, OK is thriving. The median value of a house in the area is $130,900, compared to the US median of $338,100. This makes the area an attractive place to buy real estate. What's more, the one year house appreciation rate in 74501 McAlester is 13.34%, significantly higher than the US average of 8.27%. These factors make this area an excellent opportunity for those looking to invest in real estate.

The median home cost in McAlester (zip 74501) is $130,900. Home appreciation the last 10 years has been 62.1%. Home Appreciation in McAlester (zip 74501) is up 14.5%.

Average Age of Homes

- The median age of McAlester (zip 74501) real estate is 42 years old

The Rental Market in McAlester (zip 74501)

- Renters make up 27.4% of the McAlester (zip 74501) population
- 1.8% of houses and apartments in McAlester (zip 74501), 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	McAlester, Oklahoma	United States
	12,985.0	139,647,020.0
	45	42
	$130,900	$338,100
	14.5%	16.6%
	45.0%	57.0%
	62.1%	101.1%
	$6.06	$10.98
	$775	$2,690
	58.2%	57.4%
	16.6%	11.2%
	25.2%	31.4%
Vacant Housing
	1.8%	1.9%
	0.1%	0.4%
	0.9%	0.7%
	0.4%	0.4%
	2.0%	3.6%
	11.4%	4.1%
Value of Owner-Occupied Housing
	4.4%	2.6%
	5.5%	2.4%
	4.6%	2.8%
	10.3%	3.9%
	12.6%	4.5%
	21.7%	11.3%
	17.9%	13.0%
	13.6%	20.1%
	4.8%	13.6%
	2.7%	8.3%
	1.2%	9.7%
	0.5%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.0%	13.6%
	12.0%	13.6%
	12.6%	13.6%
	12.5%	13.2%
	20.0%	14.8%
	12.6%	13.6%
	9.5%	10.0%
	6.7%	4.7%
	10.8%	12.2%

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