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 7,439 people, 3,002 houses or apartments, and a median cost of homes of $247,019, house prices in Catoosa are solidly below the national average.
Single-family detached homes are the single most common housing type in Catoosa, accounting for 64.69% of the city's housing units. Other types of housing that are prevalent in Catoosa include mobile homes or trailers ( 12.00%), large apartment complexes or high rise apartments ( 9.40%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.30%).
The most prevalent building size and type in Catoosa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.56% owning and 39.44% renting.
There is a lot of housing in Catoosa 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 Catoosa built between 2000 and later ( 31.45%). A lesser amount of the housing stock also hails from between 1940-1969 ( 27.21%). There's also some housing in Catoosa built before 1939 ( 2.38%).
Appreciation rates for homes in Catoosa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.22%, which ranks in the top 50% nationwide. This equates to an annual average Catoosa house appreciation rate of 6.70%.
Appreciation rates are so strong in Catoosa that despite a nationwide downturn in the housing market, Catoosa real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Catoosa appreciation rates continue to be some of the highest in America, at 13.13%, which is higher than appreciation rates in 79.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Catoosa. Catoosa appreciation rates in the latest quarter were at 4.20%, which equates to an annual appreciation rate of 17.87%.
Relative to Oklahoma, our data show that Catoosa's latest annual appreciation rate is higher than 90% of the other cities and towns in Oklahoma.
$247,019
for Oklahoma
for nation
3,002
$1,619 / per month