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 1,897 people, 708 houses or apartments, and a median cost of homes of $235,563, house prices in Inola are solidly below the national average.
Single-family detached homes are the single most common housing type in Inola, accounting for 81.09% of the town's housing units. Other types of housing that are prevalent in Inola include large apartment complexes or high rise apartments ( 7.38%), mobile homes or trailers ( 6.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.40%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Inola. Owner-occupied housing accounts for 69.48% of Inola's homes, and 75.39% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Inola 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 Inola built between 1940-1969 ( 36.27%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.11%). There's also some housing in Inola built before 1939 ( 1.55%).
Appreciation rates for homes in Inola have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.48%, which ranks in the top 50% nationwide. This equates to an annual average Inola house appreciation rate of 6.71%.
Over the last year, Inola appreciation rates have trailed the rest of the nation. In the last twelve months, Inola's appreciation rate has been 3.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Inola were at 0.66%, which equates to an annual appreciation rate of 2.67%.
Relative to Oklahoma, our data show that Inola's latest annual appreciation rate is lower than 80% of the other cities and towns in Oklahoma.
$235,563
for Oklahoma
for nation
708
$1,423 / per month