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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Tecumseh, OK Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Tecumseh, OK Housing Market Trends

With 6,332 people, 2,217 houses or apartments, and a median cost of homes of $204,758, house prices in Tecumseh are solidly below the national average.

Single-family detached homes are the single most common housing type in Tecumseh, accounting for 80.90% of the city's housing units. Other types of housing that are prevalent in Tecumseh include large apartment complexes or high rise apartments ( 6.65%), duplexes, homes converted to apartments or other small apartment buildings ( 4.82%), and a few mobile homes or trailers ( 4.10%).

The most prevalent building size and type in Tecumseh are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 56.69% owning and 43.31% renting.

There is a lot of housing in Tecumseh 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 Tecumseh built between 1940-1969 ( 31.44%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.76%). There's also some housing in Tecumseh built before 1939 ( 8.08%).

Vacant housing appears to be an issue in Tecumseh. Fully 11.78% of the housing stock is classified as vacant. Left unchecked, vacant Tecumseh homes and apartments can be a drag on the real estate market, holding Tecumseh 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.

Tecumseh Home Appreciation Rates

Real estate appreciation rates in Tecumseh's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.13% during the period.

NeighborhoodScout's data show that during the latest twelve months, Tecumseh's appreciation rate, at 7.22%, has been at or slightly above the national average. In the latest quarter, Tecumseh's appreciation rate has been 3.30%, which annualizes to a rate of 13.85%.

Importantly, this makes Tecumseh one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Oklahoma, our data show that Tecumseh's latest annual appreciation rate is lower than 60% of the other cities and towns in Oklahoma.

Average Home Values

Median Home Value

$204,758

Tecumseh, OK Home Prices
> $1,347,000
$1,011,001 - $1,347,000
$674,001 - $1,011,000
$539,001 - $674,000
$404,001 - $539,000
$269,001 - $404,000
$135,001 - $269,000
$68,001 - $135,000
$0 - $68,000
0.3%
0.3%
1.2%
1.2%
0.6%
0.6%
1.8%
1.8%
8.4%
8.4%
14.1%
14.1%
35.8%
35.8%
25.1%
25.1%
12.8%
12.8%
0% 100.0%
% of Homes
High

for Oklahoma

Low

for nation

Number of Homes And Apartments:

2,217

Tecumseh Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,152 / per month

Homeownership Rate

Owners
Renters
56.7%
56.7%
43.3%
43.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
11.8%
11.8%
88.2%
88.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
15.8%
15.8%
44.7%
44.7%
31.4%
31.4%
8.1%
8.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.9%
80.9%
3.5%
3.5%
4.8%
4.8%
6.6%
6.6%
4.1%
4.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.8%
0.8%
4.7%
4.7%
32.5%
32.5%
52.1%
52.1%
9.0%
9.0%
0.9%
0.9%
0% 100.0%
% of Homes

Popular Neighborhoods in Tecumseh

Zip Codes in Tecumseh, OK