Drummond, OK Foreclosures
Current Market Conditions in in Drummond, OK As of April 2026?
Over the past month, the real estate market in Drummond has experienced a modest uptick in buyer activity, leading to increased competition for homes, especially those well-maintained and situated in desirable parts of town. While homes are typically on the market for an average period of 30 to 45 days, some properties are selling faster, reflecting a trend of buyers looking to secure homes before the winter months. Additionally, the overall economy in small-town Oklahoma appears resilient, suggesting continued stability for home prices in the near future.
How much do homes sell for in Drummond, OK?
The average home price is currently $184,095.
In Drummond, OK, how many homes are available?
There are currently 2 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 $617,622.
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 is a small, welcoming town located in the heart of Oklahoma. Known for its tight-knit community and rural charm, residents enjoy a peaceful lifestyle complemented by local amenities. The town boasts easy access to outdoor activities, including fishing and hiking nearby.
Buyer vs Seller Market in Drummond, OK
The real estate market in Drummond is stable, characterized by a mix of traditional homes and newer constructions, catering to a variety of buyer preferences. Average home prices are affordable, making it an attractive option for first-time homebuyers and families looking to settle down.
Recent trends show a slight increase in demand, attributed to the area's growing appeal among those seeking a quieter lifestyle away from urban centers. Properties listing at competitive prices are receiving considerable interest, particularly as more people seek the benefits of rural living.
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 $157,181.00. 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 $184,095.00, with the most expensive house
in Drummond, OK, topping out
at $617,622.00 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.
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