Thomas, OK Foreclosures
How much do homes sell for in Thomas, OK?
The average home price is currently $175,051.
What’s the average rental cost in Thomas, OK?
The average rental price in Thomas is $1,013.
What is the most expensive home in Thomas?
The most expensive home sold in Thomas had a price of $1,032,083.
What is currently the cheapest priced home in Thomas, OK?
The cheapest home for sale in Thomas is priced at $15,936.
Living in Thomas, OK
Thomas, OK is a charming small town in western Oklahoma known for its friendly atmosphere and tight-knit community. With various parks, recreational activities, and a focus on education, it offers a peaceful lifestyle away from the hustle and bustle of city living. Outdoor enthusiasts will find plenty of activities to enjoy, making it an attractive place to call home.
Current Market Conditions in Thomas, OK
The real estate market in Thomas, OK is currently quite stable with a modest supply of homes available for purchase. The demand for properties remains steady, primarily driven by local buyers seeking affordable housing options. Despite the small size of the town, the market has been attracting attention due to its affordability and attractive lifestyle, making it a great option for first-time homebuyers and retirees alike.
Recent trends indicate a gradual increase in home appreciation rates, with homes selling slightly faster than the previous year. Investors are starting to consider Thomas for rental opportunities due to its affordability and demand from locals.
Overall, the local real estate market is resilient and continues to offer good opportunities for buyers looking for value in smaller communities.
Home Value Estimator For Thomas, OK
There are currently 662 real estate properties
in Thomas, OK,
with a median automated valuation model (AVM) price
of $146,298.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Thomas, 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 Thomas, OK,
is $175,051.00, with the most expensive house
in Thomas, OK, topping out
at $1,032,083.00 and the cheapest home
in Thomas, OK,
clocking in at $15,936.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Thomas, OK!
Rent Prices
In Thomas, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Thomas, OK, is on
a rollercoaster ride. The
average rent price in Thomas, OK,
is $1,013.00. Indeed, when looking to rent in
Thomas, OK, you can expect to pay as little
as $440.00 or as much
as $2,020.00,
with the average rent median estimated to
be $980.00. The good news is that finding
an affordable and desirable property to rent in Thomas, 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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