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Rent To Own Homes in Medicine Park, OK

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Medicine Park, OK Foreclosures

How much do homes sell for in Medicine Park, OK?
The average home price is currently $272,631.
In Medicine Park, OK, how many homes are available?
There are currently 245 active home listings available in Medicine Park.
What’s the average rental cost in Medicine Park, OK?
The average rental price in Medicine Park is $1,252.
What is the most expensive home in Medicine Park?
The most expensive home sold in Medicine Park had a price of $1,599,900.
What is currently the cheapest priced home in Medicine Park, OK?
The cheapest home for sale in Medicine Park is priced at $10,160.

Living in Medicine Park, OK

Medicine Park, OK is a picturesque small town nestled in the Wichita Mountains, known for its historic cobblestone streets and vibrant arts culture. The area is perfect for outdoor enthusiasts, offering numerous parks, lakes, and wildlife opportunities. Residents enjoy a tight-knit community atmosphere with local shops, eateries, and rich natural beauty.

Current Market Conditions in Medicine Park, OK

Medicine Park's real estate market has shown steady growth in recent months as more buyers discover the charm of the area. The demand for properties, particularly vacation homes and rentals, has increased, thanks in part to Medicine Park's popularity as a tourist destination and an outdoor recreation hub.

The median home prices in the area have risen, reflecting both the strong demand and the limited supply of homes available. While some properties are still selling below market value, others are being sold significantly above asking price due to bidding wars among interested buyers.

Home Value Estimator For Medicine Park, OK

There are currently 317 real estate properties in Medicine Park, OK, with a median automated valuation model (AVM) price of $240,401.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medicine Park, 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 Medicine Park, OK, is $272,631.00, with the most expensive house in Medicine Park, OK, topping out at $1,599,900.00 and the cheapest home in Medicine Park, OK, clocking in at $10,160.00. In other words, there’s something for every potential homebuyer or savvy investor in Medicine Park, OK!

Rent Prices In Medicine Park, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medicine Park, OK, is on a rollercoaster ride. The average rent price in Medicine Park, OK, is $1,252.00. Indeed, when looking to rent in Medicine Park, OK, you can expect to pay as little as $450.00 or as much as $2,450.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Medicine Park, 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.

Medicine Park, OK Rent To Own Homes

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