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 8,586 people, 3,108 houses or apartments, and a median cost of homes of $257,518, Skiatook real estate is some of the most expensive in Oklahoma, although Skiatook home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Skiatook, accounting for 77.34% of the city's housing units. Other types of housing that are prevalent in Skiatook include large apartment complexes or high rise apartments ( 9.52%), mobile homes or trailers ( 6.28%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.20%).
The most prevalent building size and type in Skiatook are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.88% owning and 35.12% renting.
There is a lot of housing in Skiatook 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 Skiatook built between 2000 and later ( 33.18%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.28%). There's also some housing in Skiatook built before 1939 ( 7.13%).
Real estate appreciation rates in Skiatook's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.92% during the period.
Appreciation rates are so strong in Skiatook that despite a nationwide downturn in the housing market, Skiatook real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Skiatook appreciation rates continue to be some of the highest in America, at 11.74%, which is higher than appreciation rates in 70.88% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Skiatook. Skiatook appreciation rates in the latest quarter were at 4.15%, which equates to an annual appreciation rate of 17.67%.
Relative to Oklahoma, our data show that Skiatook's latest annual appreciation rate is higher than 90% of the other cities and towns in Oklahoma.
$257,518
for Oklahoma
for nation
3,108
$1,359 / per month