Catoosa (Broken Arrow), OK

Population: 7,270
Average annual home appreciation rate: 6.30%
Total of homes for sale in this market: 52
Median home price: $119,168
Median Rent: $660
Home price range: 40.16% of homes are between $95,001 – $190,000
Median sales price: $102,500
Number of homes: 10
Median foreclosure sales price: Still Computing Data
Foreclosure discount: Still Computing Data
Most common home type: 74.38% of homes are Single Family Detached
Number of vacant homes: 10.32%
Number of renters: 29.27%
Number of owner occupied: 70.73%
Number people living below poverty level: 12.56%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? There are some great opportunities for the savvy investor in the Catoosa market. To mention a few: 1. Lower overall home prices 2. Higher rental rates 3. Multiple zombie (Vacant) properties available on the market which could lead to great discounts on possible fix and flip rehab properties. 4. Great track record of positive appreciation rates for the last decade, and it’s moving upward again.

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