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 3,302 people, 1,151 houses or apartments, and a median cost of homes of $282,954, Mannford real estate is some of the most expensive in Oklahoma, although Mannford home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Mannford, accounting for 53.93% of the town's housing units. Other types of housing that are prevalent in Mannford include mobile homes or trailers ( 22.06%), large apartment complexes or high rise apartments ( 16.01%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.78%).
The most prevalent building size and type in Mannford are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 57.19% owning and 42.81% renting.
There is a lot of housing in Mannford 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 Mannford built between 2000 and later ( 24.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.21%). There's also some housing in Mannford built before 1939 ( 1.08%).
Vacant housing appears to be an issue in Mannford. Fully 17.02% of the housing stock is classified as vacant. Left unchecked, vacant Mannford homes and apartments can be a drag on the real estate market, holding Mannford 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.
Appreciation rates for homes in Mannford have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 96.37%, which ranks in the top 50% nationwide. This equates to an annual average Mannford house appreciation rate of 6.98%.
NeighborhoodScout's data show that during the latest twelve months, Mannford's appreciation rate, at 9.55%, has been at or slightly above the national average. In the latest quarter, Mannford's appreciation rate has been 3.70%, which annualizes to a rate of 15.65%.
Relative to Oklahoma, our data show that Mannford's latest annual appreciation rate is higher than 80% of the other cities and towns in Oklahoma.
$282,954
for Oklahoma
for nation
1,151
$1,277 / per month