OWASSO HOUSING MARKET INFORMATION With 41,162 people, 14,858 houses or apartments, and a median cost of homes of $298,635, Owasso real estate is some of the most expensive in Oklahoma, although Owasso home values aren't among America's most expensive. Single-family detached homes are the single most common housing type in Owasso, accounting for 74.15% of the city's housing units. Other types of housing that are prevalent in Owasso include large apartment complexes or high rise apartments ( 18.44%), duplexes, homes converted to apartments or other small apartment buildings ( 4.95%), and a few mobile homes or trailers ( 1.36%). The most prevalent building size and type in Owasso are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.19% owning and 35.81% renting. Owasso homes and real estate are some of the newest in America. 51.19% of Owasso's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Owasso real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.94%), and between 1940-1969 ( 6.32%). OWASSO HOME APPRECIATION RATES Owasso's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Owasso during the period has been just 5.94%, which is lower than 70% of US communities. Over the last year, Owasso appreciation rates have trailed the rest of the nation. In the last twelve months, Owasso's appreciation rate has been 3.67%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Owasso were at 0.25%, which equates to an annual appreciation rate of 1.01%. Relative to Oklahoma, our data show that Owasso's latest annual appreciation rate is lower than 90% 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 Owasso differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Owasso - 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 Owasso real estate investment or home purchase decisions.