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Rent To Own Homes in Elmore City, OK

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5 View this home at Arrowhead Ln Elmore City OK 73433
Preforeclosure
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$138,186 EMV
Arrowhead Ln
Elmore City, OK 73433
Single-Family
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3 |
2
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1,512
EST. RENT: $1,151
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AUCTION: 05-08-2024
Single-Family
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3 |
2
|
1,512
Displaying 1 - 2 of 2
 

Home Value Estimator For Elmore City, OK

There are currently 669 real estate properties in Elmore City, OK, with a median automated valuation model (AVM) price of $110,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmore City, OK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elmore City, OK, is $151,732.00, with the most expensive house in Elmore City, OK, topping out at $1,687,900.00 and the cheapest home in Elmore City, OK, clocking in at $16,302.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmore City, OK!


Rent Prices In Elmore City, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmore City, OK, is on a rollercoaster ride. The average rent price in Elmore City, OK, is $963.00. Indeed, when looking to rent in Elmore City, OK, you can expect to pay as little as $550.00 or as much as $1,960.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Elmore City, OK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Elmore City, OK In 2024

Elmore City is located in Garvin, Oklahoma, with an estimated municipal population of 712 residents. All of the best foreclosed homes for sale in Elmore City are located in the following zip code areas on Foreclosure.com: 73433. The estimated population per square kilometer (.62 miles) in Elmore City is 300.


Diversity And Demographics In Elmore City, Oklahoma

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Elmore City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Elmore City is 39, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Elmore City is 58.7, with an average family size of 3.06.

The percentage of residents who report their race in Elmore City is as follows:

White 92.2%
Black / African American 0.6%
Asian 0%
American Indian / Alaskan Native 3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.4%
Other 0.6%

Looking for family-friendly neighborhoods in and/or near Elmore City? Or maybe you are searching for 55+ active adult communities in and/or near Elmore City?

The percentage of residents who report their age in Elmore City is as follows:

Under 10 12.3%
Aged 10-19 18.7%
20s 9.8%
30s 11.6%
40s 6.8%
50s 19.9%
60s 10%
70s 6.3%
80+ 4.5%

Best Schools In Elmore City, Oklahoma

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Elmore City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Elmore City.


Pros And Cons Of Living In Elmore City, Oklahoma

How do you know that living in -- or moving to -- Elmore City is right where you need to be? Perhaps you grew up in Elmore City or already live nearby; therefore, the decision to buy a home in Elmore City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Elmore City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Elmore City:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Elmore City.


Reasons To Move To Elmore City, Oklahoma, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Elmore City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Elmore City, meanwhile, can field multiple offers from more qualified buyers.

Elmore City, OK Rent To Own Homes


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