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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 8,132 people, 3,002 houses or apartments, and a median cost of homes of $189,511, house prices in Wagoner are solidly below the national average.
Single-family detached homes are the single most common housing type in Wagoner, accounting for 77.99% of the city's housing units. Other types of housing that are prevalent in Wagoner include large apartment complexes or high rise apartments ( 9.64%), duplexes, homes converted to apartments or other small apartment buildings ( 7.32%), and a few mobile homes or trailers ( 3.50%).
The most prevalent building size and type in Wagoner are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.09% owning and 44.91% renting.
There is a lot of housing in Wagoner 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 Wagoner built between 1940-1969 ( 20.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 16.39%). There's also some housing in Wagoner built before 1939 ( 12.94%).
Vacant housing appears to be an issue in Wagoner. Fully 15.17% of the housing stock is classified as vacant. Left unchecked, vacant Wagoner homes and apartments can be a drag on the real estate market, holding Wagoner 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.
Appreciation rates for homes in Wagoner have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.14%, which ranks in the top 40% nationwide. This equates to an annual average Wagoner house appreciation rate of 6.69%.
NeighborhoodScout's data show that during the latest twelve months, Wagoner's appreciation rate, at 5.98%, has been at or slightly above the national average. In the latest quarter, Wagoner's appreciation rate has been 0.23%, which annualizes to a rate of 0.94%.
Relative to Oklahoma, our data show that Wagoner's latest annual appreciation rate is higher than 90% of the other cities and towns in Oklahoma.
$189,511
for Oklahoma
for nation
3,002
$1,299 / per month