The Village, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

The Village Housing Market Information

With a population of 9,564, 4,615 total housing units (homes and apartments), and a median house value of $158,073, house prices in The Village are solidly below the national average.

Single-family detached homes are the single most common housing type in The Village, accounting for 92.83% of the city's housing units. Other types of housing that are prevalent in The Village include large apartment complexes or high rise apartments ( 5.29%), duplexes, homes converted to apartments or other small apartment buildings ( 1.34%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in The Village. Owner-occupied housing accounts for 67.17% of The Village's homes, and 69.56% have either three or four bedrooms, which is average sized relative to America.

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. The Village's housing was primarily built during this period, from the '40s through the '60s. A full 78.14% of the city's housing hails from this era. Other housing ages represented in The Village include homes built between 1970-1999 ( 14.62%) and housing constructed between 2000 and later ( 6.85%).

The Village Home Appreciation Rates

Appreciation rates for homes in The Village have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 40.73%, which ranks in the top 30% nationwide. This equates to an annual average The Village house appreciation rate of 3.48%.

Over the last year, The Village appreciation rates have trailed the rest of the nation. In the last twelve months, The Village's appreciation rate has been 2.99%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in The Village were at 1.25%, which equates to an annual appreciation rate of 5.11%.

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

Average Home Values

 
info

Median Home Value:
$158,073

The Village, OK HOME PRICES

> $1,155,000
3.1%
3.1%
$866,001 - $1,155,000
3.2%
3.2%
$578,001 - $866,000
2.9%
2.9%
$462,001 - $578,000
1.4%
1.4%
$346,001 - $462,000
3.0%
3.0%
$231,001 - $346,000
10.3%
10.3%
$115,001 - $231,000
59.2%
59.2%
$58,001 - $115,000
15.2%
15.2%
$0 - $58,000
1.8%
1.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very High for OK

Value Relative To Nation

Number Of Homes And Apartments:
4,615

The Village Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
103.65% 3.49%
9
8
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,463 / per month

Homeownership Rate

Owners
67.2%
67.2%
Renters
32.8%
32.8%
Vacant
6.5%
6.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
6.8%
6.8%
1970 - 1999
14.6%
14.6%
1940 - 1969
78.1%
78.1%
1939 or Older
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
92.8%
92.8%
Townhomes
0.2%
0.2%
Small Apt. Buildings
1.3%
1.3%
Apt. Complexes
5.3%
5.3%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.6%
0.6%
1 Bedroom
3.1%
3.1%
2 Bedrooms
26.8%
26.8%
3 Bedrooms
65.0%
65.0%
4 Bedrooms
4.6%
4.6%
5 or more bedrooms
0.0%
0.0%
0.0% 100.0%
% OF HOMES