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Preforeclosure Homes in Durant, OK

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Living in Durant, OK

Durant, Oklahoma, is a welcoming small town with a rich cultural heritage and a strong sense of community. The city offers residents a variety of amenities, outdoor activities, and local events that cater to all lifestyles. With its proximity to Lake Texoma and the vibrant downtown area, Durant is an excellent choice for family living and relaxation.

Current Market Conditions in Durant, OK

The real estate market in Durant is currently experiencing a steady growth trend, with increasing demand in both single-family homes and rental properties. The affordability of housing in the area compared to larger cities nearby makes Durant a popular option for first-time homebuyers.

Over the past month, there has been a notable increase in home sales, signaling a recovering market after a brief slowdown. Many properties are seeing multiple offers, resulting in prices stabilizing or even rising slightly for well-kept homes.

Home Value Estimator For Durant, OK

There are currently 6,494 real estate properties in Durant, OK, with a median automated valuation model (AVM) price of $205,841.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Durant, 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 Durant, OK, is $237,072.00, with the most expensive house in Durant, OK, topping out at $4,200,845.00 and the cheapest home in Durant, OK, clocking in at $10,174.00. In other words, there’s something for every potential homebuyer or savvy investor in Durant, OK!

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.

Durant, OK Preforeclosure Homes


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