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.
With 48,967 people, 18,080 houses or apartments, and a median cost of homes of $179,805, Stillwater real estate is some of the most expensive in Oklahoma, although Stillwater home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Stillwater, accounting for 50.89% of the city's housing units. Other types of housing that are prevalent in Stillwater include large apartment complexes or high rise apartments ( 29.33%), duplexes, homes converted to apartments or other small apartment buildings ( 10.64%), and a few mobile homes or trailers ( 5.16%).
Stillwater is dominated by renter-occupied one, two, or no bedrooms apartments. 68.43% of Stillwater's dwellings are rentals.
There is a lot of housing in Stillwater 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 Stillwater built between 2000 and later ( 28.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.19%). There's also some housing in Stillwater built before 1939 ( 5.24%).
Vacant housing appears to be an issue in Stillwater. Fully 12.29% of the housing stock is classified as vacant. Left unchecked, vacant Stillwater homes and apartments can be a drag on the real estate market, holding Stillwater 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, Stillwater has experienced some of the highest home appreciation rates of any community in the nation. Stillwater real estate appreciated 15.91% over the last ten years, which is an average annual home appreciation rate of 1.49%, putting Stillwater in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Stillwater 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, Stillwater's appreciation rate, at 4.00%, has been at or slightly above the national average. In the latest quarter, Stillwater's appreciation rate has been 2.06%, which annualizes to a rate of 8.51%.
Importantly, this makes Stillwater 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 Stillwater's latest annual appreciation rate is higher than 60% 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 Stillwater differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Stillwater - 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 Stillwater real estate investment or home purchase decisions.
|$853,001 - $1,137,000||0.2|
|$569,001 - $853,000||2.0|
|$455,001 - $569,000||0.8|
|$342,001 - $455,000||4.7|
|$228,001 - $342,000||14.0|
|$114,001 - $228,000||54.0|
|$57,001 - $114,000||18.6|
|$0 - $57,000||5.6|
|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 Stillwater HOMES|
|2000 or Newer||28.3|
|1970 - 1999||43.3|
|1940 - 1969||23.2|
|1939 or Older||5.2|
|TYPE OF Stillwater HOMES|
|Small Apt. Buildings||10.6|
|SIZE OF Stillwater HOMES|
|5 or more bedrooms||1.43|