Nicoma Park, OK Foreclosures
How much do homes sell for in Nicoma Park, OK?
The average home price is currently $191,668.
In Nicoma Park, OK, how many homes are available?
There are currently 1,602 active home listings available in Nicoma Park.
What’s the average rental cost in Nicoma Park, OK?
The average rental price in Nicoma Park is $1,180.
What is the most expensive home in Nicoma Park?
The most expensive home sold in Nicoma Park had a price of $931,400.
What is currently the cheapest priced home in Nicoma Park, OK?
The cheapest home for sale in Nicoma Park is priced at $42,070.
Living in Nicoma Park, OK
Nicoma Park, OK is a quaint suburban community located just east of Oklahoma City, known for its affordability and family-friendly environment. The area features several parks, excellent schools, and local amenities that enhance the quality of life for residents. With its close proximity to the city, Nicoma Park offers a perfect blend of peaceful living and accessibility.
Current Market Conditions in Nicoma Park, OK
Nicoma Park's real estate market remains strong, driven by its affordability and proximity to Oklahoma City. The area has seen a steady increase in home sales, indicating a rising demand among first-time homebuyers looking for a more affordable alternative to city living.
Despite the increased interest, housing inventory in Nicoma Park has remained somewhat limited, which is helping to keep home prices relatively stable compared to neighboring areas. Homes that are well-maintained and correctly priced are selling quickly, reflecting a competitive market.
Overall, Nicoma Park is experiencing healthy growth, with potential for future development as more people discover the benefits of living in this welcoming community.
Home Value Estimator For Nicoma Park, OK
There are currently 42 real estate properties
in Nicoma Park, OK,
with a median automated valuation model (AVM) price
of $173,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Nicoma 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 Nicoma Park, OK,
is $191,668.00, with the most expensive house
in Nicoma Park, OK, topping out
at $931,400.00 and the cheapest home
in Nicoma Park, OK,
clocking in at $42,070.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Nicoma Park, OK!
Rent Prices
In Nicoma Park, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Nicoma Park, OK, is on
a rollercoaster ride. The
average rent price in Nicoma Park, OK,
is $1,180.00. Indeed, when looking to rent in
Nicoma Park, OK, you can expect to pay as little
as $670.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Nicoma 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.
Learn more on Foreclosure homes
