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 11,191 people, 3,584 houses or apartments, and a median cost of homes of $223,676, house prices in Guthrie are solidly below the national average.
Single-family detached homes are the single most common housing type in Guthrie, accounting for 81.71% of the city's housing units. Other types of housing that are prevalent in Guthrie include duplexes, homes converted to apartments or other small apartment buildings ( 5.93%), mobile homes or trailers ( 5.33%), and a few large apartment complexes or high rise apartments ( 4.24%).
The most prevalent building size and type in Guthrie are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.74% owning and 37.26% renting.
There is a lot of housing in Guthrie 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 Guthrie built between 1940-1969 ( 28.36%). A lesser amount of the housing stock also hails from before 1939 ( 20.82%). There's also some housing in Guthrie built between 2000 and later ( 16.18%).
Vacant housing appears to be an issue in Guthrie. Fully 17.02% of the housing stock is classified as vacant. Left unchecked, vacant Guthrie homes and apartments can be a drag on the real estate market, holding Guthrie 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 Guthrie's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.02% during the period.
Over the last year, Guthrie appreciation rates have trailed the rest of the nation. In the last twelve months, Guthrie's appreciation rate has been 3.26%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Guthrie were at 1.78%, which equates to an annual appreciation rate of 7.32%.
Relative to Oklahoma, our data show that Guthrie's latest annual appreciation rate is lower than 80% 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 Guthrie differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Guthrie - 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 Guthrie real estate investment or home purchase decisions.
$223,676
for Oklahoma
for nation
3,584
$1,241 / per month