Living in Welling, OK
Welling, Oklahoma, is a quaint town that offers a peaceful lifestyle amidst beautiful natural surroundings. Known for its friendly community spirit, Welling provides access to various outdoor recreational opportunities at nearby Lake Tenkiller. Families can enjoy quality schools and a tight-knit community atmosphere.
Current Market Conditions in Welling, OK
The real estate market in Welling has shown signs of steady growth over the past year, with an increasing number of homes being sold and a rising demand for properties. Many buyers are attracted to the area's affordability compared to larger cities in Oklahoma. Furthermore, the overall trend indicates an upward shift in home values as more people recognize the charm and tranquility of Welling.
Currently, buyers are facing a competitive market with low inventory levels. Homes, when listed, tend to receive multiple offers, leading to potential bidding wars. The influx of new residents looking for affordable housing options in small towns continues to drive demand, suggesting a healthy market for the foreseeable future.
Home Value Estimator For Welling, OK
There are currently 424 real estate properties
in Welling, OK,
with a median automated valuation model (AVM) price
of $158,076.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Welling, 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 Welling, OK,
is $198,378.00, with the most expensive house
in Welling, OK, topping out
at $1,810,605.00 and the cheapest home
in Welling, OK,
clocking in at $14,609.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Welling, OK!
Rent Prices
In Welling, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Welling, OK, is on
a rollercoaster ride. The
average rent price in Welling, OK,
is $855.00. Indeed, when looking to rent in
Welling, OK, you can expect to pay as little
as $480.00 or as much
as $1,860.00,
with the average rent median estimated to
be $820.00. The good news is that finding
an affordable and desirable property to rent in Welling, 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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