Moore, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Moore Neighborhoods Since 2000




Moore, 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

Moore Housing Market Information

With 60,451 people, 21,759 houses or apartments, and a median cost of homes of $132,319, house prices in Moore are solidly below the national average.

Single-family detached homes are the single most common housing type in Moore, accounting for 85.82% of the city's housing units. Other types of housing that are prevalent in Moore include large apartment complexes or high rise apartments ( 8.46%), duplexes, homes converted to apartments or other small apartment buildings ( 3.41%), and a few mobile homes or trailers ( 1.32%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moore. Owner-occupied housing accounts for 71.18% of Moore's homes, and 79.58% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Moore 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 Moore built between 2000 and later ( 30.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.65%).

Moore Home Appreciation Rates

In the last 10 years, Moore has experienced some of the highest home appreciation rates of any community in the nation. Moore real estate appreciated 14.91% over the last ten years, which is an average annual home appreciation rate of 1.40%, putting Moore in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Moore 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, Moore appreciation rates have trailed the rest of the nation. In the last twelve months, Moore's appreciation rate has been 1.87%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Moore were at 0.33%, which equates to an annual appreciation rate of 1.34%.

Relative to Oklahoma, our data show that Moore's latest annual appreciation rate is lower than 80% of the other cities and towns in Oklahoma.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Moore differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moore - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Moore real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$132,319

Moore, OK HOME PRICES

Value Range
> $1,095,000 0.4
$822,001 - $1,095,000 0.2
$548,001 - $822,000 0.6
$438,001 - $548,000 1.1
$328,001 - $438,000 3.2
$219,001 - $328,000 8.5
$110,001 - $219,000 55.9
$55,001 - $110,000 27.7
$0 - $55,000 2.4

Very High for OK
Average for Nation

Value Relative to Nation Value Relative to State
58.6018985116606 19.0332326283988

Number Of Homes And Apartments:
21,759

Moore 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
54.65% 2.56% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,087 / per month

Homeownership Rate

Homeownership
Owners 71.18
Renters 28.82
Vacant 5.35

Housing Market Details

 

Age of Homes

AGE OF Moore HOMES
2000 or Newer 30.9
1970 - 1999 47.7
1940 - 1969 20.6
1939 or Older 0.8

Types of Homes

TYPE OF Moore HOMES
Single-Family 85.8
Townhomes 1.0
Small Apt. Buildings 3.4
Apt. Complexes 8.5
Mobile Homes 1.3
Other 0.0

Home Size

SIZE OF Moore HOMES
No Bedroom 0.67
1 Bedroom 4.03
2 Bedrooms 14.84
3 Bedrooms 63.69
4 Bedrooms 15.88
5 or more bedrooms 0.88