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 3,335 people, 1,223 houses or apartments, and a median cost of homes of $248,966, house prices in Mannford are solidly below the national average.
Single-family detached homes are the single most common housing type in Mannford, accounting for 51.28% of the town's housing units. Other types of housing that are prevalent in Mannford include mobile homes or trailers ( 25.23%), large apartment complexes or high rise apartments ( 16.70%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.03%).
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 61.80% owning and 38.20% 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 ( 28.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.51%). There's also some housing in Mannford built before 1939 ( 1.04%).
Vacant housing appears to be an issue in Mannford. Fully 15.25% 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.
Real estate appreciation rates in Mannford's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.98% during the period.
NeighborhoodScout's data show that during the latest twelve months, Mannford's appreciation rate, at 3.61%, has been at or slightly above the national average. In the latest quarter, Mannford's appreciation rate has been 2.65%, which annualizes to a rate of 11.04%.
Importantly, this makes Mannford one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Oklahoma, our data show that Mannford's latest annual appreciation rate is higher than 70% of the other cities and towns in Oklahoma.
$248,966
for Oklahoma
for nation
1,223
$1,278 / per month