Erick, OK Foreclosures
How much do homes sell for in Erick, OK?
The average home price is currently $108,811.
In Erick, OK, how many homes are available?
There are currently 4 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 $675,659.
What is currently the cheapest priced home in Erick, OK?
The cheapest home for sale in Erick is priced at $11,263.
Living in Erick, OK
Erick, Oklahoma is a quaint, small town renowned for its welcoming atmosphere and tight-knit community. With a variety of local amenities and beautiful parks, it's an ideal setting for families and those seeking a quieter lifestyle. The town also has a rich historical background, adding to its charm.
Current Market Conditions in Erick, OK
The real estate market in Erick is stable, with a lower median home price compared to the national average. There are specific areas within the town that are seeing increased interest, especially among first-time homebuyers and retirees. Many homes are single-family residences, providing spacious options for families.
Recent trends suggest a gradual increase in property values as demand for affordable housing continues to rise in Oklahoma. The market is characterized by reasonably priced homes and a lower turnover rate, making it attractive for long-term investments.
Home Value Estimator For Erick, OK
There are currently 493 real estate properties
in Erick, OK,
with a median automated valuation model (AVM) price
of $79,373.00. 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 $108,811.00, with the most expensive house
in Erick, OK, topping out
at $675,659.00 and the cheapest home
in Erick, OK,
clocking in at $11,263.00. 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.