Stillwater, OK

Population: 47,186
Average annual home appreciation rate: 7.71%
Total of homes for sale in this market: 7
Median home price: $161,172
Median Rent: $731 per room
Home price range: 51.89% of homes are between $106,001 – $212,000
Median sales price: $138,000
Number of homes: 25
Median foreclosure sales price: Still Computing Data
Foreclosure discount: Still Computing Data
Most common home type: 51.10% of homes are Single Family Detached
Number of vacant homes: 10.87%
Number of renters: 68.19%
Number of owner occupied: 31.81%
Number people living below poverty level: 32.68%
Unemployment rate: 2.80%
Is this area perfect for real estate deals going on right now? There are some things going on in the Stillwater market that is catching the attention of savvy investors… 1. Solid positive home appreciation rate, and a solid track record for the past decade. 2. Very high percentage of renters in the market (Great for buy and hold investors) 3. High poverty level (means less home owners and more renters) 4. Competitive home prices, and higher rents. Could be some great opportunities for the buy and hold investor in the Stillwater OK market!

Leave a Reply

Your email address will not be published. Required fields are marked *