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 63,845 people, 23,671 houses or apartments, and a median cost of homes of $268,301, Moore real estate is some of the most expensive in Oklahoma, although Moore home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Moore, accounting for 84.61% of the city's housing units. Other types of housing that are prevalent in Moore include large apartment complexes or high rise apartments ( 9.99%), duplexes, homes converted to apartments or other small apartment buildings ( 2.81%), and a few row houses and other attached homes ( 1.71%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moore. Owner-occupied housing accounts for 67.59% of Moore's homes, and 77.17% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Moore 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 Moore built between 2000 and later ( 38.77%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.60%).
Real estate appreciation rates in Moore's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.17% during the period.
Appreciation rates are so strong in Moore that despite a nationwide downturn in the housing market, Moore real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Moore appreciation rates continue to be some of the highest in America, at 5.84%, which is higher than appreciation rates in 75.21% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Moore. Moore appreciation rates in the latest quarter were at 2.02%, which equates to an annual appreciation rate of 8.31%.
Importantly, this makes Moore 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 Moore's latest annual appreciation rate is higher 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 Moore differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Moore - 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 Moore real estate investment or home purchase decisions.
$268,301
for Oklahoma
for nation
23,671
$1,970 / per month