Living in Wilburton, OK
Wilburton, Oklahoma, is a charming small town nestled in the beautiful landscape of Southern Oklahoma. Known for its friendly community and affordable housing options, Wilburton offers a relaxed lifestyle that appeals to families and retirees alike. The town boasts a variety of local amenities, schools, and parks that make it a delightful place to live and raise a family.
Current Market Conditions in Wilburton, OK
The Wilburton real estate market remains steady, with a consistent demand for affordable homes. As a small town, it attracts buyers looking for budget-friendly options, making the inventory of available homes relatively stable. Most properties in Wilburton tend to be single-family homes, which appeals to families and first-time homebuyers.
In recent months, there has been a noticeable increase in interest from out-of-town buyers, drawn to the town’s low housing prices and peaceful lifestyle. As a result, some neighborhoods are starting to show slight appreciation in property values, although the market generally remains balanced.
Home Value Estimator For Wilburton, OK
There are currently 1,657 real estate properties
in Wilburton, OK,
with a median automated valuation model (AVM) price
of $99,182.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wilburton, 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 Wilburton, OK,
is $130,750.00, with the most expensive house
in Wilburton, OK, topping out
at $4,064,500.00 and the cheapest home
in Wilburton, OK,
clocking in at $10,213.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wilburton, OK!
Rent Prices
In Wilburton, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wilburton, OK, is on
a rollercoaster ride. The
average rent price in Wilburton, OK,
is $929.00. Indeed, when looking to rent in
Wilburton, OK, you can expect to pay as little
as $450.00 or as much
as $1,960.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Wilburton, 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.