Stigler, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Stigler, OK Real Estate Data


Stigler Housing Market Information

With 2,766 people, 1,068 houses or apartments, and a median cost of homes of $94,228, the cost of homes in Stigler is among some of the lowest in the nation. Compared to Oklahoma, however, Stigler real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Stigler, accounting for 77.58% of the city's housing units. Other types of housing that are prevalent in Stigler include large apartment complexes or high rise apartments ( 8.94%), duplexes, homes converted to apartments or other small apartment buildings ( 7.72%), and a few mobile homes or trailers ( 5.77%).

The most prevalent building size and type in Stigler are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.24% owning and 44.76% renting.

There is a lot of housing in Stigler 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 Stigler built between 1940-1969 ( 31.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.80%). There's also some housing in Stigler built before 1939 ( 7.72%).

Vacant housing appears to be an issue in Stigler. Fully 13.24% of the housing stock is classified as vacant. Left unchecked, vacant Stigler homes and apartments can be a drag on the real estate market, holding Stigler 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.

Stigler Home Appreciation Rates

In the last 10 years, Stigler has experienced some of the highest home appreciation rates of any community in the nation. Stigler real estate appreciated 24.84% over the last ten years, which is an average annual home appreciation rate of 2.24%, putting Stigler in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stigler definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Stigler's appreciation rate, at 4.47%, has been at or slightly above the national average. In the latest quarter, Stigler's appreciation rate has been 1.16%, which annualizes to a rate of 4.72%.

Relative to Oklahoma, our data show that Stigler's latest annual appreciation rate is lower than 60% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$94,228

Stigler, OK HOME PRICES

Value Range
> $1,137,000 0.0
$852,001 - $1,137,000 0.0
$568,001 - $852,000 0.0
$455,001 - $568,000 2.8
$341,001 - $455,000 3.0
$228,001 - $341,000 7.7
$114,001 - $228,000 25.0
$57,001 - $114,000 34.6
$0 - $57,000 26.7

Average for OK
Very Low for Nation

Value Relative to Nation Value Relative to State
82.713591380219 56.4954682779456

Number Of Homes And Apartments:
1,068

Rent & Ownership

 

Average Market Rent:
$816 / per month

Homeownership Rate

Homeownership
Owners 55.24
Renters 44.76
Vacant 13.24

Housing Market Details

 

Age of Homes

AGE OF Stigler HOMES
2000 or Newer 10.8
1970 - 1999 50.4
1940 - 1969 31.0
1939 or Older 7.7

Types of Homes

TYPE OF Stigler HOMES
Single-Family 77.6
Townhomes 0.0
Small Apt. Buildings 7.7
Apt. Complexes 8.9
Mobile Homes 5.8
Other 0.0

Home Size

SIZE OF Stigler HOMES
No Bedroom 4.14
1 Bedroom 4.96
2 Bedrooms 31.52
3 Bedrooms 49.39
4 Bedrooms 9.42
5 or more bedrooms 0.57

Stigler Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
74.88% 3.34% 8 9
* 10 is highest

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Zip Codes in Stigler, OK