Drummond, OK Foreclosures
Current Market Conditions in in Drummond, OK As of March 2026?
Over the past month, Drummond has seen a slight increase in property values, with a rise of about 3% compared to last month. This has been attributed to a growing interest in the area as more individuals and families are looking for affordable housing options. The market remains competitive, and properties are selling quicker, sometimes within just weeks of being listed. Buyers are advised to act fast when they find a home they like, as inventory is limited.
How much do homes sell for in Drummond, OK?
The average home price is currently $187,127.
In Drummond, OK, how many homes are available?
There are currently 4 active home listings available in Drummond.
What’s the average rental cost in Drummond, OK?
The average rental price in Drummond is $1,012.
What is the most expensive home in Drummond?
The most expensive home sold in Drummond had a price of $571,225.
What is currently the cheapest priced home in Drummond, OK?
The cheapest home for sale in Drummond is priced at $10,829.
Living in Drummond, OK
Drummond, Oklahoma, is a charming rural community known for its friendly residents and beautiful landscapes. It offers a peaceful lifestyle with access to outdoor activities and a strong educational system. With local events and a vibrant community spirit, Drummond is perfect for families and individuals seeking a close-knit environment.
Buyer vs Seller Market in Drummond, OK
The real estate market in Drummond is currently stable, with a moderate demand for homes. The area is attracting buyers looking for affordable properties and a slower pace of life. The average days on the market have recently decreased, indicating a shift towards a seller's market as buyers are more willing to invest in this charming community.
There has been an uptick in interest in rural properties, driven by families seeking larger homes with outdoor space. With the rise of remote work, many are moving away from urban areas and settling in towns like Drummond, seeking affordability combined with a peaceful setting.
Home Value Estimator For Drummond, OK
There are currently 214 real estate properties
in Drummond, OK,
with a median automated valuation model (AVM) price
of $166,746.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Drummond, OK, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Drummond, OK,
is $187,127.00, with the most expensive house
in Drummond, OK, topping out
at $571,225.00 and the cheapest home
in Drummond, OK,
clocking in at $10,829.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Drummond, OK!
Rent Prices
In Drummond, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Drummond, OK, is on
a rollercoaster ride. The
average rent price in Drummond, OK,
is $1,012.00. Indeed, when looking to rent in
Drummond, OK, you can expect to pay as little
as $550.00 or as much
as $1,880.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Drummond, OK
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
