There are currently 349 real estate properties in Arapaho, OK, with a median automated valuation model (AVM) price of $95,562.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Arapaho, 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 Arapaho, OK, is $129,484.00, with the most expensive house in Arapaho, OK, topping out at $726,422.00 and the cheapest home in Arapaho, OK, clocking in at $16,901.00. In other words, there’s something for every potential homebuyer or savvy investor in Arapaho, OK!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arapaho, OK, is on a rollercoaster ride. The average rent price in Arapaho, OK, is $1,074.00. Indeed, when looking to rent in Arapaho, OK, you can expect to pay as little as $510.00 or as much as $1,920.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Arapaho, 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.
Arapaho is located in Custer, Oklahoma, with an estimated municipal population of 803 residents. All of the best foreclosed homes for sale in Arapaho are located in the following zip code areas on Foreclosure.com: 73620. The estimated population per square kilometer (.62 miles) in Arapaho is 443.
So, about how much do homes cost in Arapaho? The most recent median value of resident-owned homes in Arapaho is 116,100. An estimated 85.4 percent of households in Arapaho own their homes, with an average family size of 3.64. The median household income in Arapaho is 54,258, with9.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Arapaho, the median commute time of resident workers (in minutes) is 18.2. And last, but certainly not least, are you looking for homes to rent in Arapaho? If so, the average rent price paid by renters in Arapaho is 700, according to recent statistics.
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 Arapaho, 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 Arapaho is 32.5, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Arapaho is 60.6, with an average family size of 3.64.
The percentage of residents who report their race in Arapaho is as follows:
| White | 73.9% |
| Black / African American | 1.5% |
| Asian | 0% |
| American Indian / Alaskan Native | 12.4% |
| Native Hawaiian / Other Pacifc Islander | 0.7% |
| Multi-racial | 11.2% |
| Other | 0.4% |
Looking for family-friendly neighborhoods in and/or near Arapaho? Or maybe you are searching for 55+ active adult communities in and/or near Arapaho?
The percentage of residents who report their age in Arapaho is as follows:
| Under 10 | 12.1% |
| Aged 10-19 | 22.6% |
| 20s | 10.3% |
| 30s | 13.8% |
| 40s | 18.2% |
| 50s | 7.7% |
| 60s | 9.2% |
| 70s | 4.1% |
| 80+ | 1.9% |
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 Arapaho with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Arapaho.
How do you know that living in -- or moving to -- Arapaho is right where you need to be? Perhaps you grew up in Arapaho or already live nearby; therefore, the decision to buy a home in Arapaho is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Arapaho 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 Arapaho:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Arapaho.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Arapaho can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Arapaho, meanwhile, can field multiple offers from more qualified buyers.
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