Ponca City, OK

Population: 24,879
Average annual home appreciation rate: 6.47%
Total of homes for sale in this market: NO DATA
Median home price: $86,157
Median Rent: $677 per room
Home price range: 40.53% of homes are between $53,001 – $106,000
Median sales price: $77,000
Number of homes: 15
Median foreclosure sales price: Still Computing Data
Foreclosure discount: Still Computing Data
Most common home type: 82.66% of homes are Single Family Detached
Number of vacant homes: 13.88%
Number of renters: 34.83%
Number of owner occupied: 65.17%
Number people living below poverty level: 18.43%
Unemployment rate: 4.70%
Is this area perfect for real estate deals going on right now? There are some things going on in the Ponca City real estate market that could be very advantageous for the savvy investor. Just to name a few… 1. Overall home prices low, but with higher rental rates (Great situation for buy and hold investors) 2. Multiple vacant (zombie) properties on the market. (Could lead to huge discounts due to motivated sellers willing to negotiate for cash prices on properties not moving. (Great for fix and flip renovations) 3. Foreclosure properties available at great discounts if known where to find early. Here’s just a few of many reasons that Ponca City could be a great place to invest.

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