Atoka, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Atoka, OK Real Estate Data


Atoka Housing Market Information

With a population of 3,065, 1,323 total housing units (homes and apartments), and a median house value of $96,710, the cost of homes in Atoka is among some of the lowest in the nation. Compared to Oklahoma, however, Atoka real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Atoka, accounting for 78.33% of the city's housing units. Other types of housing that are prevalent in Atoka include large apartment complexes or high rise apartments ( 7.42%), duplexes, homes converted to apartments or other small apartment buildings ( 7.42%), and a few mobile homes or trailers ( 6.83%).

The most prevalent building size and type in Atoka are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.22% owning and 44.78% renting.

There is a lot of housing in Atoka built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Atoka built between 1940-1969 ( 34.48%). A lesser amount of the housing stock also hails from before 1939 ( 11.97%). There's also some housing in Atoka built between 2000 and later ( 4.62%).

Vacant housing appears to be an issue in Atoka. Fully 13.92% of the housing stock is classified as vacant. Left unchecked, vacant Atoka homes and apartments can be a drag on the real estate market, holding Atoka real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Atoka Home Appreciation Rates

In the last 10 years, Atoka has experienced some of the highest home appreciation rates of any community in the nation. Atoka real estate appreciated 30.58% over the last ten years, which is an average annual home appreciation rate of 2.70%, putting Atoka in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Atoka definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Atoka's appreciation rate, at 5.01%, has been at or slightly above the national average. In the latest quarter, Atoka's appreciation rate has been 1.16%, which annualizes to a rate of 4.72%.

Relative to Oklahoma, our data show that Atoka's latest annual appreciation rate is higher than 70% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$96,710

Atoka, OK HOME PRICES

Value Range
> $1,144,000 0.0
$858,001 - $1,144,000 1.7
$572,001 - $858,000 0.9
$458,001 - $572,000 0.6
$343,001 - $458,000 0.9
$228,001 - $343,000 9.7
$114,001 - $228,000 18.0
$58,001 - $114,000 38.9
$0 - $58,000 29.3

Average for OK
Very Low for Nation

Value Relative to Nation Value Relative to State
80.9392750483106 52.8700906344411

Number Of Homes And Apartments:
1,323

Rent & Ownership

 

Average Market Rent:
$749 / per month

Homeownership Rate

Homeownership
Owners 55.22
Renters 44.78
Vacant 13.92

Housing Market Details

 

Age of Homes

AGE OF Atoka HOMES
2000 or Newer 4.6
1970 - 1999 48.9
1940 - 1969 34.5
1939 or Older 12.0

Types of Homes

TYPE OF Atoka HOMES
Single-Family 78.3
Townhomes 0.0
Small Apt. Buildings 7.4
Apt. Complexes 7.4
Mobile Homes 6.8
Other 0.0

Home Size

SIZE OF Atoka HOMES
No Bedroom 2.21
1 Bedroom 10.34
2 Bedrooms 29.21
3 Bedrooms 49.84
4 Bedrooms 7.48
5 or more bedrooms 0.91

Atoka Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
72.80% 3.27% 8 9
* 10 is highest

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Zip Codes in Atoka, OK