Guymon, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Guymon, OK Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Guymon Housing Market Information

With 11,921 people, 4,072 houses or apartments, and a median cost of homes of $131,804, house prices in Guymon are solidly below the national average.

Single-family detached homes are the single most common housing type in Guymon, accounting for 67.78% of the city's housing units. Other types of housing that are prevalent in Guymon include mobile homes or trailers ( 16.13%), large apartment complexes or high rise apartments ( 11.09%), and a few row houses and other attached homes ( 2.74%).

The most prevalent building size and type in Guymon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.58% owning and 44.42% renting.

There is a lot of housing in Guymon 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 Guymon built between 1940-1969 ( 32.88%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.64%). There's also some housing in Guymon built before 1939 ( 5.32%).

Guymon Home Appreciation Rates

In the last 10 years, Guymon has experienced some of the highest home appreciation rates of any community in the nation. Guymon real estate appreciated 22.42% over the last ten years, which is an average annual home appreciation rate of 2.04%, putting Guymon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Guymon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Guymon appreciation rates have trailed the rest of the nation. In the last twelve months, Guymon's appreciation rate has been -3.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Guymon were at 2.06%, which equates to an annual appreciation rate of 8.51%.

Importantly, this makes Guymon one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oklahoma, our data show that Guymon's latest annual appreciation rate is lower than 90% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$131,804

Guymon, OK HOME PRICES

Value Range
> $1,025,000 0.0
$769,001 - $1,025,000 0.0
$513,001 - $769,000 1.1
$410,001 - $513,000 0.0
$308,001 - $410,000 2.8
$205,001 - $308,000 7.4
$103,001 - $205,000 40.6
$52,001 - $103,000 38.1
$0 - $52,000 10.1

Very High for OK
Average for Nation

Value Relative to Nation Value Relative to State
58.9241767256533 19.3353474320242

Number Of Homes And Apartments:
4,072

Guymon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
46.66% 2.24% 3 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$874 / per month

Homeownership Rate

Homeownership
Owners 55.58
Renters 44.42
Vacant 7.10

Housing Market Details

 

Age of Homes

AGE OF Guymon HOMES
2000 or Newer 5.6
1970 - 1999 56.2
1940 - 1969 32.9
1939 or Older 5.3

Types of Homes

TYPE OF Guymon HOMES
Single-Family 67.8
Townhomes 2.7
Small Apt. Buildings 2.3
Apt. Complexes 11.1
Mobile Homes 16.1
Other 0.0

Home Size

SIZE OF Guymon HOMES
No Bedroom 4.40
1 Bedroom 8.99
2 Bedrooms 23.55
3 Bedrooms 51.08
4 Bedrooms 11.11
5 or more bedrooms 0.87

Popular Neighborhoods in Guymon

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Zip Codes in Guymon, OK