Manitou, OK is a small town located in Oklahoma and its housing market has been performing quite well. The median value of homes is $49,900, which is significantly lower than the US house median value of $338,100. Over the past year, the appreciation rate for housing in Manitou was 9.28%, which is slightly higher than the national average of 8.27%. This indicates that the value of housing in Manitou is increasing at a steady pace despite being slightly lower than the national average. Furthermore, these figures show that Manitou's housing market remains strong and still had good growth during a time of economic uncertainty due to the pandemic.
The median home cost in Manitou is $49,900. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Manitou is up 17.8%.
Average Age of Homes
- The median age of Manitou real estate is 61 years old
The Rental Market in Manitou
- Renters make up 20.5% of the Manitou population
- 5.6% of houses and apartments in Manitou, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.