El Reno, OK Foreclosures
How much do homes sell for in El Reno, OK?
The average home price is currently $182,305.
In El Reno, OK, how many homes are available?
There are currently 15 active home listings available in El Reno.
What’s the average rental cost in El Reno, OK?
The average rental price in El Reno is $1,156.
What is the most expensive home in El Reno?
The most expensive home sold in El Reno had a price of $2,384,000.
What is currently the cheapest priced home in El Reno, OK?
The cheapest home for sale in El Reno is priced at $14,488.
Living in El Reno, OK
El Reno, Oklahoma, is a vibrant city known for its friendly community and rich heritage. With a mix of local amenities and outdoor activities, residents enjoy a high quality of life. Conveniently located near Oklahoma City, El Reno offers the best of both worlds – a relaxing small-town environment and easy access to city life.
Current Market Conditions in El Reno, OK
The El Reno real estate market is currently experiencing a steady growth trend, with home prices appreciating modestly over the past year. Increased demand for housing in the area, combined with a limited supply of listings, has contributed to this upward trend, making it a favorable time for sellers. Buyers, however, may find some challenges with competition for desirable properties, leading to quicker sales than in previous years.
El Reno's market has seen a notable increase in first-time homebuyers, attracted by affordable prices compared to nearby metropolitan areas. This influx has bolstered community growth, and developers are starting to pay attention to the potential for new housing projects to meet demand.
Home Value Estimator For El Reno, OK
There are currently 4,816 real estate properties
in El Reno, OK,
with a median automated valuation model (AVM) price
of $156,250.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in El Reno, 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 El Reno, OK,
is $182,305.00, with the most expensive house
in El Reno, OK, topping out
at $2,384,000.00 and the cheapest home
in El Reno, OK,
clocking in at $14,488.00. In other words, there’s
something for every potential homebuyer
or savvy investor in El Reno, OK!
Rent Prices
In El Reno, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in El Reno, OK, is on
a rollercoaster ride. The
average rent price in El Reno, OK,
is $1,156.00. Indeed, when looking to rent in
El Reno, OK, you can expect to pay as little
as $440.00 or as much
as $3,140.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in El Reno, 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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