Verdigris, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Verdigris Neighborhoods Since 2000




Verdigris, 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

Verdigris Housing Market Information

With a population of 4,351, 1,529 total housing units (homes and apartments), and a median house value of $165,414, Verdigris real estate is some of the most expensive in Oklahoma, although Verdigris home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Verdigris, accounting for 82.05% of the town's housing units. Other types of housing that are prevalent in Verdigris include mobile homes or trailers ( 17.41%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Verdigris. Owner-occupied housing accounts for 89.34% of Verdigris's homes, and 84.71% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Verdigris 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 Verdigris built between 2000 and later ( 44.51%). A lesser amount of the housing stock also hails from between 1940-1969 ( 1.71%).

Verdigris Home Appreciation Rates

Appreciation rates for homes in Verdigris have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.54%, which ranks in the top 40% nationwide. This equates to an annual average Verdigris house appreciation rate of 0.82%.

Over the last year, Verdigris appreciation rates have trailed the rest of the nation. In the last twelve months, Verdigris's appreciation rate has been 2.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Verdigris were at 0.95%, which equates to an annual appreciation rate of 3.85%.

Relative to Oklahoma, our data show that Verdigris's latest annual appreciation rate is lower than 70% of the other cities and towns in Oklahoma.

Average Home Values

 

Median Home Value:
$165,414

Verdigris, OK HOME PRICES

Value Range
> $1,076,000 0.8
$807,001 - $1,076,000 0.3
$538,001 - $807,000 0.9
$430,001 - $538,000 1.4
$323,001 - $430,000 2.6
$215,001 - $323,000 19.6
$108,001 - $215,000 60.5
$54,001 - $108,000 5.8
$0 - $54,000 8.0

Very High for OK
Average for Nation

Value Relative to Nation Value Relative to State
43.4665416617837 6.34441087613293

Number Of Homes And Apartments:
1,529

Verdigris 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
30.94% 1.58% 1 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,264 / per month

Homeownership Rate

Homeownership
Owners 89.34
Renters 10.66
Vacant 9.74

Housing Market Details

 

Age of Homes

AGE OF Verdigris HOMES
2000 or Newer 44.5
1970 - 1999 52.9
1940 - 1969 1.7
1939 or Older 0.9

Types of Homes

TYPE OF Verdigris HOMES
Single-Family 82.1
Townhomes 0.0
Small Apt. Buildings 0.5
Apt. Complexes 0.0
Mobile Homes 17.4
Other 0.0

Home Size

SIZE OF Verdigris HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 13.11
3 Bedrooms 76.21
4 Bedrooms 8.50
5 or more bedrooms 2.18