Pryor, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pryor, 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

Pryor Housing Market Information

With 9,469 people, 3,610 houses or apartments, and a median cost of homes of $90,264, house prices in Pryor are solidly below the national average.

Single-family detached homes are the single most common housing type in Pryor, accounting for 79.57% of the city's housing units. Other types of housing that are prevalent in Pryor include large apartment complexes or high rise apartments ( 10.06%), duplexes, homes converted to apartments or other small apartment buildings ( 6.87%), and a few mobile homes or trailers ( 2.61%).

The most prevalent building size and type in Pryor are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.63% owning and 43.37% renting.

There is a lot of housing in Pryor 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 Pryor built between 1940-1969 ( 40.34%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.32%). There's also some housing in Pryor built before 1939 ( 6.22%).

Vacant housing appears to be an issue in Pryor. Fully 15.91% of the housing stock is classified as vacant. Left unchecked, vacant Pryor homes and apartments can be a drag on the real estate market, holding Pryor 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.

Pryor Home Appreciation Rates

Appreciation rates for homes in Pryor have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.49%, which ranks in the top 40% nationwide. This equates to an annual average Pryor house appreciation rate of 0.72%.

NeighborhoodScout's data show that during the latest twelve months, Pryor's appreciation rate, at 5.35%, has been at or slightly above the national average. In the latest quarter, Pryor's appreciation rate has been 2.06%, which annualizes to a rate of 8.51%.

Importantly, this makes Pryor 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 Pryor's latest annual appreciation rate is higher than 80% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$90,264

Pryor, OK HOME PRICES

Value Range
> $1,093,000 0.6
$820,001 - $1,093,000 0.3
$547,001 - $820,000 1.6
$437,001 - $547,000 0.0
$328,001 - $437,000 1.3
$219,001 - $328,000 8.1
$110,001 - $219,000 38.7
$55,001 - $110,000 38.9
$0 - $55,000 10.4

Low for OK
Very Low for Nation

Value Relative to Nation Value Relative to State
83.7513184108754 61.9335347432024

Number Of Homes And Apartments:
3,610

Pryor 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
22.54% 1.19% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$780 / per month

Homeownership Rate

Homeownership
Owners 56.63
Renters 43.37
Vacant 15.91

Housing Market Details

 

Age of Homes

AGE OF Pryor HOMES
2000 or Newer 12.3
1970 - 1999 41.1
1940 - 1969 40.3
1939 or Older 6.2

Types of Homes

TYPE OF Pryor HOMES
Single-Family 79.6
Townhomes 0.9
Small Apt. Buildings 6.9
Apt. Complexes 10.1
Mobile Homes 2.6
Other 0.0

Home Size

SIZE OF Pryor HOMES
No Bedroom 0.49
1 Bedroom 6.89
2 Bedrooms 32.38
3 Bedrooms 51.22
4 Bedrooms 7.73
5 or more bedrooms 1.28

Popular Neighborhoods in Pryor

Zip Codes in Pryor, OK