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 6,152, 2,342 total housing units (homes and apartments), and a median house value of $133,637, house prices in Pauls Valley are solidly below the national average.
Single-family detached homes are the single most common housing type in Pauls Valley, accounting for 81.70% of the city's housing units. Other types of housing that are prevalent in Pauls Valley include large apartment complexes or high rise apartments ( 9.54%), duplexes, homes converted to apartments or other small apartment buildings ( 4.89%), and a few mobile homes or trailers ( 2.49%).
The most prevalent building size and type in Pauls Valley are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.63% owning and 49.37% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Pauls Valley's housing was primarily built during this period, from the '40s through the '60s. A full 52.16% of the city's housing hails from this era. Other housing ages represented in Pauls Valley include homes built between 1970-1999 ( 37.44%) and housing constructed before 1939 ( 8.07%). There's also some housing in Pauls Valley built between 2000 and later ( 2.33%).
Vacant housing appears to be an issue in Pauls Valley. Fully 23.21% of the housing stock is classified as vacant. Left unchecked, vacant Pauls Valley homes and apartments can be a drag on the real estate market, holding Pauls Valley 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.
Appreciation rates for homes in Pauls Valley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.54%, which ranks in the top 30% nationwide. This equates to an annual average Pauls Valley house appreciation rate of 1.10%.
Over the last year, Pauls Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Pauls Valley's appreciation rate has been 0.55%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pauls Valley were at 2.06%, which equates to an annual appreciation rate of 8.51%.
Importantly, this makes Pauls Valley 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 Pauls Valley's latest annual appreciation rate is lower than 90% of the other cities and towns in Oklahoma.
|$820,001 - $1,093,000||1.3|
|$547,001 - $820,000||0.1|
|$437,001 - $547,000||1.5|
|$328,001 - $437,000||3.8|
|$219,001 - $328,000||7.8|
|$110,001 - $219,000||25.5|
|$55,001 - $110,000||35.7|
|$0 - $55,000||23.8|
|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 Pauls Valley HOMES|
|2000 or Newer||2.3|
|1970 - 1999||37.4|
|1940 - 1969||52.2|
|1939 or Older||8.1|
|TYPE OF Pauls Valley HOMES|
|Small Apt. Buildings||4.9|
|SIZE OF Pauls Valley HOMES|
|5 or more bedrooms||0.00|