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Foreclosures in Faxon, OK

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Faxon, OK Foreclosures

How much do homes sell for in Faxon, OK?
The average home price is currently $306,654.
In Faxon, OK, how many homes are available?
There are currently 1 active home listings available in Faxon.
What’s the average rental cost in Faxon, OK?
The average rental price in Faxon is $1,026.
What is the most expensive home in Faxon?
The most expensive home sold in Faxon had a price of $18,920,001.
What is currently the cheapest priced home in Faxon, OK?
The cheapest home for sale in Faxon is priced at $18,844.

Living in Faxon, OK

Faxon is a small, charming town in Oklahoma, known for its friendly community and rural atmosphere. With a population of just over 200 residents, it offers a peaceful setting away from the hustle and bustle of larger cities. The town enjoys a strong sense of community and provides a family-friendly environment, making it an ideal place for those looking for a quieter lifestyle.

Current Market Conditions in Faxon, OK

The real estate market in Faxon is characterized by stable prices and a limited inventory of homes, making it an attractive opportunity for those looking for affordable housing options in Oklahoma. The demand for properties in smaller towns is on the rise as more people seek a quieter living environment beyond urban centers.

Recently, Faxon has seen an increase in homebuyers interested in relocating from larger cities, contributing to a slight uptick in property values. However, the town still maintains competitive pricing compared to neighboring communities.

Investors looking into quiet residential properties may find Faxon to be a hidden gem, as it offers opportunities not just for homebuyers but also for rental properties.

Home Value Estimator For Faxon, OK

There are currently 221 real estate properties in Faxon, OK, with a median automated valuation model (AVM) price of $196,528.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Faxon, 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 Faxon, OK, is $306,654.00, with the most expensive house in Faxon, OK, topping out at $18,920,001.00 and the cheapest home in Faxon, OK, clocking in at $18,844.00. In other words, there’s something for every potential homebuyer or savvy investor in Faxon, OK!

Rent Prices In Faxon, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Faxon, OK, is on a rollercoaster ride. The average rent price in Faxon, OK, is $1,026.00. Indeed, when looking to rent in Faxon, OK, you can expect to pay as little as $520.00 or as much as $1,730.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Faxon, 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.

Faxon, OK Foreclosures


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