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 10,456 people, 3,683 houses or apartments, and a median cost of homes of $193,069, house prices in Coweta are solidly below the national average.
Single-family detached homes are the single most common housing type in Coweta, accounting for 84.19% of the city's housing units. Other types of housing that are prevalent in Coweta include large apartment complexes or high rise apartments ( 7.09%), duplexes, homes converted to apartments or other small apartment buildings ( 6.25%), and a few mobile homes or trailers ( 2.33%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coweta. Owner-occupied housing accounts for 69.60% of Coweta's homes, and 70.78% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Coweta 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 Coweta built between 2000 and later ( 35.32%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.27%). There's also some housing in Coweta built before 1939 ( 1.26%).
Real estate appreciation rates in Coweta's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.29% during the period.
Over the last year, Coweta appreciation rates have trailed the rest of the nation. In the last twelve months, Coweta's appreciation rate has been 5.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coweta were at 0.66%, which equates to an annual appreciation rate of 2.68%.
Relative to Oklahoma, our data show that Coweta's latest annual appreciation rate is lower than 70% of the other cities and towns in Oklahoma.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coweta differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Coweta - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Coweta real estate investment or home purchase decisions.
$193,069
for Oklahoma
for nation
3,683
$1,318 / per month