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 a population of 4,025, 1,323 total housing units (homes and apartments), and a median house value of $150,626, house prices in Eucha are solidly below the national average.
Single-family detached homes are the single most common housing type in Eucha, accounting for 66.73% of the town's housing units. Other types of housing that are prevalent in Eucha include mobile homes or trailers ( 30.53%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Eucha. Owner-occupied housing accounts for 80.36% of Eucha's homes, and 50.19% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Eucha 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 Eucha built between 2000 and later ( 27.88%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.87%). There's also some housing in Eucha built before 1939 ( 3.82%).
A decent proportion of the Eucha housing stock is seasonally occupied. That is, homes and condos in Eucha are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Eucha housing market speaks to its popularity as a vacation location of choice.
Eucha's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Eucha during the period has been just 4.85%, which is lower than 80% of US communities.
Appreciation rates are so strong in Eucha that despite a nationwide downturn in the housing market, Eucha real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Eucha appreciation rates continue to be some of the highest in America, at 8.36%, which is higher than appreciation rates in 73.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Eucha. Eucha appreciation rates in the latest quarter were at 3.30%, which equates to an annual appreciation rate of 13.85%.
Importantly, this makes Eucha one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Oklahoma, our data show that Eucha's latest annual appreciation rate is lower than 50% of the other cities and towns in Oklahoma.
$150,626
for Oklahoma
for nation
1,323
$1,250 / per month