Pettit, OK Foreclosures
Current Market Conditions in in Pettit, OK As of February 2026?
Over the past month, the Pettit real estate market has shown slight signs of increasing activity, with more homes listed for sale than during the previous months. Although the overall market remains stable, the uptick in listings indicates a growing interest among homebuyers, suggesting potential for future appreciation in property values. Seller confidence has also improved as homes are being sold more quickly, likely driven by the area's accessibility and appeal for rural living.
How much do homes sell for in Pettit, OK?
The average home price is currently $233,364.
What’s the average rental cost in Pettit, OK?
The average rental price in Pettit is $966.
What is the most expensive home in Pettit?
The most expensive home sold in Pettit had a price of $602,236.
What is currently the cheapest priced home in Pettit, OK?
The cheapest home for sale in Pettit is priced at $28,256.
Living in Pettit, OK
Pettit, located in Oklahoma, is a small, close-knit community known for its friendly atmosphere and scenic rural landscapes. With a rich agricultural history, Pettit offers residents a blend of rustic charm and the tranquility of country living. The area features easy access to outdoor recreation, including fishing and hiking opportunities in nearby parks.
Buyer vs Seller Market in Pettit, OK
Currently, Pettit is experiencing a stable real estate market with a modest increase in home values. This stabilization has attracted attention from potential buyers looking for peaceful rural properties. The area remains affordable compared to urban centers, and families are increasingly drawn to the community for its friendliness and low crime rates.
Recent trends indicate a gradual movement of families from nearby cities seeking more space, leading to a slight uptick in demand for homes. The local economy continues to support this growth, with increasing investment in community infrastructure and services.
Home Value Estimator For Pettit, OK
There are currently 19 real estate properties
in Pettit, OK,
with a median automated valuation model (AVM) price
of $251,748.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pettit, 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 Pettit, OK,
is $233,364.00, with the most expensive house
in Pettit, OK, topping out
at $602,236.00 and the cheapest home
in Pettit, OK,
clocking in at $28,256.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pettit, OK!
Rent Prices
In Pettit, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pettit, OK, is on
a rollercoaster ride. The
average rent price in Pettit, OK,
is $966.00. Indeed, when looking to rent in
Pettit, OK, you can expect to pay as little
as $640.00 or as much
as $1,540.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Pettit, 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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