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 1,630 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 presents a quaint suburban lifestyle just minutes away from Oklahoma City. Known for its tight-knit community, this city offers plenty of parks, quality schools, and local businesses. Residents enjoy a peaceful environment while still being connected to larger city conveniences.
Current Market Conditions in Nicoma Park, OK
The current real estate market in Nicoma Park is showing signs of stability, with a moderate increase in home prices and steady demand for properties. The city's proximity to Oklahoma City keeps it attractive for families and young professionals looking for affordable housing options.
There has been a noticeable increase in the number of new home constructions in Nicoma Park, indicating growing interest in the area. Additionally, the rental market remains strong, offering opportunities for investors as more people look to relocate to suburban areas.
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.