Peoria, OK Foreclosures
How much do homes sell for in Peoria, OK?
The average home price is currently $128,030.
What’s the average rental cost in Peoria, OK?
The average rental price in Peoria is $904.
What is the most expensive home in Peoria?
The most expensive home sold in Peoria had a price of $397,364.
What is currently the cheapest priced home in Peoria, OK?
The cheapest home for sale in Peoria is priced at $39,117.
Living in Peoria, OK
Peoria is a charming small community located in the heart of Oklahoma, known for its friendly atmosphere and close-knit community. Nestled amidst beautiful landscapes, it offers tranquil living just a short drive from larger cities. Residents enjoy a mix of rural charm with modern conveniences at their fingertips.
Current Market Conditions in Peoria, OK
The real estate market in Peoria, OK is currently favoring buyers, with a variety of homes available at competitive prices. The area has seen a steady absorption rate, indicating a healthy demand while still offering opportunities for negotiation. Homes typically sell within 90 days, which is favorable compared to surrounding areas.
There is a notable trend of new families moving to the area, drawn by the affordability of housing and the quality of life. This influx has sparked interest in building and renovating older homes, leading to a gradual increase in home values.
Rental properties are also in high demand due to the nearby industrial developments and growing job market, encouraging property investors to consider Peoria for long-term rental opportunities.
Home Value Estimator For Peoria, OK
There are currently 59 real estate properties
in Peoria, OK,
with a median automated valuation model (AVM) price
of $112,100.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Peoria, 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 Peoria, OK,
is $128,030.00, with the most expensive house
in Peoria, OK, topping out
at $397,364.00 and the cheapest home
in Peoria, OK,
clocking in at $39,117.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Peoria, OK!
Rent Prices
In Peoria, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Peoria, OK, is on
a rollercoaster ride. The
average rent price in Peoria, OK,
is $904.00. Indeed, when looking to rent in
Peoria, OK, you can expect to pay as little
as $510.00 or as much
as $1,330.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Peoria, 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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