Zip 74048 (Nowata, OK) Housing

The housing market in Nowata, OK (74048) is quite robust. The median value of homes in Nowata are currently at $100,400, which is significantly lower than the US median value of $338,100. However, the appreciation rate for homes in Nowata over the past year was 13.94%, which is noticeably higher than the US 1-year house appreciation rate of 8.27%. This suggests that investing in housing in Nowata could be a wise decision and may result in a considerable return on investment over time.

The median home cost in Nowata (zip 74048) is $100,400. Home appreciation the last 10 years has been 70.8%. Home Appreciation in Nowata (zip 74048) is up 17.0%.

Average Age of Homes

- The median age of Nowata (zip 74048) real estate is 45 years old

The Rental Market in Nowata (zip 74048)

- Renters make up 20.6% of the Nowata (zip 74048) population
- 0.3% of houses and apartments in Nowata (zip 74048), 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	Nowata, Oklahoma	United States
	2,625.0	139,647,020.0
	46	42
	$100,400	$338,100
	17.0%	16.6%
	49.8%	57.0%
	70.8%	101.1%
	$7.95	$10.98
	$774	$2,690
	60.3%	57.4%
	14.5%	11.2%
	25.2%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.3%	0.4%
	1.8%	3.6%
	10.9%	4.1%
Value of Owner-Occupied Housing
	6.8%	2.6%
	7.0%	2.4%
	8.4%	2.8%
	15.0%	3.9%
	14.4%	4.5%
	14.1%	11.3%
	9.2%	13.0%
	9.7%	20.1%
	9.0%	13.6%
	0.7%	8.3%
	3.1%	9.7%
	2.1%	3.9%
	0.0%	2.2%
	0.5%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	11.6%	13.6%
	11.6%	13.6%
	11.5%	13.6%
	13.8%	13.2%
	14.4%	14.8%
	11.5%	13.6%
	13.1%	10.0%
	9.9%	4.7%
	12.9%	12.2%

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