Condo Foreclosures in Durant, OK 74701

Current Market Conditions in Durant, OK

Currently, the real estate market in Durant is experiencing steady growth, with an increase in demand for single-family homes and townhouses. There has been a notable rise in property values, driven by economic development in the area and improved local amenities. The overall market remains competitive, with buyers actively looking to invest in the community, which has contributed to limited inventory and increased home prices over the last year.

The rental market in Durant is also gaining traction, as many seek affordable housing options near the bustling town center. This trend is encouraging property investors to consider the area for rental opportunities, fostering an environment conducive to growth in both rental and purchased housing.

Rent Prices In Durant, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Durant, OK, is on a rollercoaster ride. The average rent price in Durant, OK, is $1,139.00. Indeed, when looking to rent in Durant, OK, you can expect to pay as little as $490.00 or as much as $2,120.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Durant, 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.