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 2,805 people, 1,171 houses or apartments, and a median cost of homes of $216,885, house prices in Eufaula are solidly below the national average.
Single-family detached homes are the single most common housing type in Eufaula, accounting for 74.56% of the city's housing units. Other types of housing that are prevalent in Eufaula include duplexes, homes converted to apartments or other small apartment buildings ( 15.93%), mobile homes or trailers ( 6.56%), and a few large apartment complexes or high rise apartments ( 1.77%).
The most prevalent building size and type in Eufaula are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.82% owning and 46.18% renting.
There is a lot of housing in Eufaula 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 Eufaula built between 1940-1969 ( 30.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.21%). There's also some housing in Eufaula built before 1939 ( 13.84%).
Vacant housing appears to be an issue in Eufaula. Fully 23.21% of the housing stock is classified as vacant. Left unchecked, vacant Eufaula homes and apartments can be a drag on the real estate market, holding Eufaula 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 Eufaula's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.46% during the period.
NeighborhoodScout's data show that during the latest twelve months, Eufaula's appreciation rate, at 8.19%, has been at or slightly above the national average. In the latest quarter, Eufaula's appreciation rate has been 3.75%, which annualizes to a rate of 15.87%.
Relative to Oklahoma, our data show that Eufaula's latest annual appreciation rate is higher than 60% of the other cities and towns in Oklahoma.
$216,885
for Oklahoma
for nation
1,171
$997 / per month