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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 4,615, 1,134 total housing units (homes and apartments), and a median house value of $133,269, house prices in McLoud are solidly below the national average.
Single-family detached homes are the single most common housing type in McLoud, accounting for 74.04% of the town's housing units. Other types of housing that are prevalent in McLoud include mobile homes or trailers ( 14.70%), large apartment complexes or high rise apartments ( 6.43%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.52%).
The most prevalent building size and type in McLoud are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 46.55% owning and 53.45% renting.
There is a lot of housing in McLoud 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 McLoud built between 2000 and later ( 23.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.77%). There's also some housing in McLoud built before 1939 ( 8.58%).
Vacant housing appears to be an issue in McLoud. Fully 13.17% of the housing stock is classified as vacant. Left unchecked, vacant McLoud homes and apartments can be a drag on the real estate market, holding McLoud 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.
In the last 10 years, McLoud has experienced some of the highest home appreciation rates of any community in the nation. McLoud real estate appreciated 17.68% over the last ten years, which is an average annual home appreciation rate of 1.64%, putting McLoud in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, McLoud 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, McLoud appreciation rates have trailed the rest of the nation. In the last twelve months, McLoud's appreciation rate has been -0.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in McLoud were at 2.06%, which equates to an annual appreciation rate of 8.51%.
Importantly, this makes McLoud one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Oklahoma, our data show that McLoud's latest annual appreciation rate is lower than 90% of the other cities and towns in Oklahoma.
|$830,001 - $1,107,000||0.0|
|$553,001 - $830,000||1.2|
|$443,001 - $553,000||0.3|
|$332,001 - $443,000||3.8|
|$221,001 - $332,000||18.3|
|$111,001 - $221,000||37.5|
|$55,001 - $111,000||28.9|
|$0 - $55,000||9.7|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF McLoud HOMES|
|2000 or Newer||24.0|
|1970 - 1999||50.7|
|1940 - 1969||16.8|
|1939 or Older||8.6|
|TYPE OF McLoud HOMES|
|Small Apt. Buildings||3.5|
|SIZE OF McLoud HOMES|
|5 or more bedrooms||2.07|