Living in Manchester, OK
Manchester is a quaint town in Oklahoma that embodies small-town living with its friendly atmosphere and beautiful natural scenery. It is a perfect place for families and retirees, offering good schools, local amenities, and plenty of recreational activities. The community is welcoming, making it an attractive location for anyone looking to invest in real estate.
Current Market Conditions in Manchester, OK
The current real estate market in Manchester shows a growing demand for affordable housing, making it an attractive location for real estate investors. Home prices are comparatively lower than in urban cities, providing excellent investment opportunities for rental properties.
With a stable job market and increasing population, the area is witnessing a rise in property values, suggesting a positive trend for future real estate appreciation. Investors are encouraged to explore the housing market as the demand for affordable living continues to grow.
Home Value Estimator For Manchester, OK
There are currently 56 real estate properties
in Manchester, OK,
with a median automated valuation model (AVM) price
of $103,579.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Manchester, 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 Manchester, OK,
is $142,603.00, with the most expensive house
in Manchester, OK, topping out
at $586,424.00 and the cheapest home
in Manchester, OK,
clocking in at $15,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Manchester, OK!
Rent Prices
In Manchester, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Manchester, OK, is on
a rollercoaster ride. The
average rent price in Manchester, OK,
is $868.00. Indeed, when looking to rent in
Manchester, OK, you can expect to pay as little
as $500.00 or as much
as $1,490.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Manchester, 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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