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 5,916 people, 1,332 houses or apartments, and a median cost of homes of $103,253, house prices in Holdenville are some of the most affordable in Oklahoma as well as the nation.
Single-family detached homes are the single most common housing type in Holdenville, accounting for 81.36% of the city's housing units. Other types of housing that are prevalent in Holdenville include duplexes, homes converted to apartments or other small apartment buildings ( 8.34%), mobile homes or trailers ( 4.98%), and a few large apartment complexes or high rise apartments ( 3.02%).
The most prevalent building size and type in Holdenville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.54% owning and 51.46% renting.
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. Holdenville's housing was primarily built during this period, from the '40s through the '60s. A full 39.87% of the city's housing hails from this era. Other housing ages represented in Holdenville include homes built between 1970-1999 ( 27.74%) and housing constructed before 1939 ( 26.78%). There's also some housing in Holdenville built between 2000 and later ( 5.61%).
Vacant housing appears to be an issue in Holdenville. Fully 36.18% of the housing stock is classified as vacant. Left unchecked, vacant Holdenville homes and apartments can be a drag on the real estate market, holding Holdenville 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.
Real estate appreciation rates in Holdenville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.87% during the period.
Appreciation rates are so strong in Holdenville that despite a nationwide downturn in the housing market, Holdenville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Holdenville appreciation rates continue to be some of the highest in America, at 9.07%, which is higher than appreciation rates in 81.36% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Holdenville. Holdenville appreciation rates in the latest quarter were at 3.30%, which equates to an annual appreciation rate of 13.85%.
Importantly, this makes Holdenville 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 Holdenville's latest annual appreciation rate is higher than 80% of the other cities and towns in Oklahoma.
$103,253
for Oklahoma
for nation
1,332
$1,005 / per month