Erick, OK Foreclosures
How much do homes sell for in Erick, OK?
The average home price is currently $106,497.
In Erick, OK, how many homes are available?
There are currently 1 active home listings available in Erick.
What’s the average rental cost in Erick, OK?
The average rental price in Erick is $802.
What is the most expensive home in Erick?
The most expensive home sold in Erick had a price of $654,148.
What is currently the cheapest priced home in Erick, OK?
The cheapest home for sale in Erick is priced at $11,279.
Living in Erick, OK
Erick, Oklahoma, is a quaint town located in the Oklahoma panhandle, known for its tight-knit community and charming rural lifestyle. With a rich history tied to Route 66, it offers residents outdoor recreational opportunities alongside essential local amenities. Its friendly atmosphere and scenic landscapes make it a desirable place to live.
Current Market Conditions in Erick, OK
The real estate market in Erick, OK, has remained stable over the past few months, with a modest increase in home prices, reflecting a slight uptick in demand. Buyers are showing interest due to the affordability of homes in comparison to nearby towns, and the lack of inventory is pushing prices slightly higher depending on home conditions and location within the town.
Currently, homes in Erick are being sold within a reasonable timeframe, with short sales becoming more common as buyers are keen to secure properties before prices rise further. As more people seek the tranquility of small towns, Erick's appeal continues to grow, fostering a competitive yet accessible market.
Home Value Estimator For Erick, OK
There are currently 491 real estate properties
in Erick, OK,
with a median automated valuation model (AVM) price
of $77,080.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Erick, 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 Erick, OK,
is $106,497.00, with the most expensive house
in Erick, OK, topping out
at $654,148.00 and the cheapest home
in Erick, OK,
clocking in at $11,279.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Erick, OK!
Rent Prices
In Erick, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Erick, OK, is on
a rollercoaster ride. The
average rent price in Erick, OK,
is $802.00. Indeed, when looking to rent in
Erick, OK, you can expect to pay as little
as $510.00 or as much
as $1,560.00,
with the average rent median estimated to
be $750.00. The good news is that finding
an affordable and desirable property to rent in Erick, 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.