There are currently 1,182 real estate properties in Lone Grove, OK, with a median automated valuation model (AVM) price of $154,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lone Grove, 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 Lone Grove, OK, is $182,220.00, with the most expensive house in Lone Grove, OK, topping out at $4,427,700.00 and the cheapest home in Lone Grove, OK, clocking in at $15,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Lone Grove, OK!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lone Grove, OK, is on a rollercoaster ride. The average rent price in Lone Grove, OK, is $1,083.00. Indeed, when looking to rent in Lone Grove, OK, you can expect to pay as little as $550.00 or as much as $2,100.00, with the average rent median estimated to be $1,050.00. The good news is that finding an affordable and desirable property to rent in Lone Grove, 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.
Lone Grove is located in Carter, Oklahoma, with an estimated municipal population of 5,121 residents. All of the best foreclosed homes for sale in Lone Grove are located in the following zip code areas on Foreclosure.com: 73443 73401. The estimated population per square kilometer (.62 miles) in Lone Grove is 79.
So, about how much do homes cost in Lone Grove? The most recent median value of resident-owned homes in Lone Grove is 126,549. An estimated 76.6 percent of households in Lone Grove own their homes, with an average family size of 3.19. The median household income in Lone Grove is 52,464, with19.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lone Grove, the median commute time of resident workers (in minutes) is 21.3. And last, but certainly not least, are you looking for homes to rent in Lone Grove? If so, the average rent price paid by renters in Lone Grove is 866, 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 Lone Grove, 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 Lone Grove is 36.2, split between 52.2 percent male versus 47.8 female. The percentage of residents who report being married in Lone Grove is 53.5, with an average family size of 3.19.
The percentage of residents who report their race in Lone Grove is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Lone Grove? Or maybe you are searching for 55+ active adult communities in and/or near Lone Grove?
The percentage of residents who report their age in Lone Grove is as follows:
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 Lone Grove with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lone Grove.
How do you know that living in -- or moving to -- Lone Grove is right where you need to be? Perhaps you grew up in Lone Grove or already live nearby; therefore, the decision to buy a home in Lone Grove is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lone Grove 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 Lone Grove:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lone Grove.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lone Grove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lone Grove, meanwhile, can field multiple offers from more qualified buyers.
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