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Nichols Hills, OK Housing

 
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As of 2010-2014, median price of a house in Nichols Hills is $637,300, which is much higher than the state average of $115,000 and is much higher than the national average of $175,700. The Nichols Hills median house value has grown by 143.52% since 2000. The growth rate for the price of a house in Nichols Hills is much higher than the state average rate of 62.66% and is much higher than the national average rate of 46.91%. The median year that a house in Nichols Hills was built is 1955, which is older than the median year for a house built in the state which is 1976 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,393 Owner Occupied Houses in Nichols Hills, OK, #1
Nichols Hills, OK
637,300 USD
Oklahoma
115,000 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #61
Nichols Hills, OK
143.52%
Oklahoma
62.66%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Nichols Hills, OKOklahomaU.S.
Total Housing Units1,824, see rank, 100%1,680,457132,741,033
Occupied Housing Units1,664, 91.23%, see rank86.29%87.55%
Owner Occupied1,393, 76.37%, see rank57.40%56.34%
Renter Occupied271, 14.86%, see rank28.89%31.21%
Vacant Housing Units160, 8.77%, see rank13.71%12.45%
For Rent19, 1.04%, see rank2.61%2.34%
For Sale Only28, 1.54%, see rank1.34%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.05%0.92%
For Seasonal, Recreational, or Occasional Use7, 0.38%, see rank2.34%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant106, 5.81%, see rank6.33%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #651
Nichols Hills, OKOklahomaU.S.
195519761976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Nichols Hills, OK%OklahomaU.S.
Owner-Occupied Units1,393100%964,57374,787,460
With a Mortgage70350.47%, see rank58.12%65.58%
Without a Mortgage69049.53%, see rank41.88%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Nichols Hills, OK
3,152 USD
Oklahoma
1,150 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNichols Hills, OK%OklahomaU.S.
$299 or Less00.00%, see rank0.29%0.20%
$300 to $49900.00%, see rank2.77%1.59%
$500 to $69940.57%, see rank9.61%5.01%
$700 to $999172.42%, see rank24.86%14.32%
$1,000 to $1,499618.68%, see rank35.23%27.90%
$1,500 to $1,9999313.23%, see rank15.81%20.35%
$2,000 to $2,99916122.90%, see rank8.70%19.52%
$3,000 or More36752.20%, see rank2.72%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Nichols Hills, OK
19.60% of the Total Income
Oklahoma
20.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Nichols Hills, OK%OklahomaU.S.
10% or Less9813.94%, see rank7.87%5.86%
10% to 20%26437.55%, see rank38.86%31.95%
20% to 30%14720.91%, see rank26.54%27.64%
30% to 40%517.25%, see rank11.29%13.74%
40% or More14320.34%, see rank14.95%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Nichols Hills, OK
1,001 USD
Oklahoma
368 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNichols Hills, OK%OklahomaU.S.
$199 or Less40.58%, see rank11.67%7.76%
$200 to $29991.30%, see rank22.16%14.70%
$300 to $499689.86%, see rank41.71%34.63%
$500 to $69911516.67%, see rank16.21%21.16%
$700 or More49471.59%, see rank8.25%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Nichols Hills, OK
10.00% of the Total Income
Oklahoma
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Nichols Hills, OK%OklahomaU.S.
10% or Less37354.06%, see rank46.01%40.19%
10% to 20%14521.01%, see rank31.28%31.47%
20% to 30%497.10%, see rank10.66%12.24%
30% to 40%375.36%, see rank4.51%5.64%
40% or More8612.46%, see rank6.17%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Nichols Hills, OKOklahomaU.S.
Total Housing Units1,824, 100%1,680,457132,741,033
1-unit, Detached1,693, 92.82%, see rank72.93%61.65%
1-unit, Attached28, 1.54%, see rank2.04%5.82%
2 Units34, 1.86%, see rank2.07%3.75%
3 or 4 Units0, 0.00%, see rank2.52%4.43%
5 to 9 Units34, 1.86%, see rank3.63%4.78%
10 or More Units35, 1.92%, see rank7.13%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank9.69%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Nichols Hills, OKOklahomaU.S.
Total Housing Units1,824, 100%1,680,457132,741,033
1 Room0, 0.00%, see rank1.40%1.95%
2 Rooms0, 0.00%, see rank1.80%2.48%
3 Rooms7, 0.38%, see rank7.49%9.13%
4 Rooms90, 4.93%, see rank16.19%16.60%
5 Rooms145, 7.95%, see rank26.06%20.41%
6 Rooms383, 21.00%, see rank21.02%18.06%
7 Rooms351, 19.24%, see rank12.20%12.27%
8 Rooms156, 8.55%, see rank6.93%8.48%
9 Rooms or More692, 37.94%, see rank6.91%10.60%
Median Rooms7.30, see rank5.405.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Nichols Hills, OKOklahomaU.S.
Total Housing Units1,824, 100%1,680,457132,741,033
No Bedroom0, 0.00%, see rank1.54%2.17%
1 Bedroom0, 0.00%, see rank8.89%11.16%
2 Bedrooms272, 14.91%, see rank25.38%26.69%
3 Bedrooms812, 44.52%, see rank49.01%39.70%
4 Bedrooms556, 30.48%, see rank13.23%16.05%
5 or More Bedrooms184, 10.09%, see rank1.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Nichols Hills, OKOklahomaU.S.
Total Housing Units1,664, 100%1,450,117116,211,092
Utility Gas1,458, 87.62%, see rank54.03%48.85%
Bottled, Tank, or LP Gas10, 0.60%, see rank7.25%4.86%
Electricity192, 11.54%, see rank35.66%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.12%5.86%
Coal or Coke0, 0.00%, see rank0.00%0.12%
Wood4, 0.24%, see rank1.96%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.80%0.47%
No Fuel Used0, 0.00%, see rank0.17%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalNichols Hills, OKOklahomaU.S.
Occupied Units Paying Rent260, 100%442,26739,201,928
$199 or Less0, 0.00%, see rank1.87%1.50%
$200 to $2990, 0.00%, see rank3.84%3.18%
$300 to $4990, 0.00%, see rank12.53%7.37%
$500 to $6994, 1.54%, see rank29.35%16.01%
$700 to $999147, 56.54%, see rank32.95%29.17%
$1,000 to $1,49950, 19.23%, see rank15.53%26.88%
$1,500 to $1,99932, 12.31%, see rank2.68%9.79%
$2,000 or More27, 10.38%, see rank1.25%6.10%
Median$938, see rank$717$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Nichols Hills, OKOklahomaU.S.
Occupied Housing Units1,664, 100%1,450,117116,211,092
No Vehicles Available22, 1.32%, see rank5.73%9.12%
1 Vehicles Available300, 18.03%, see rank33.26%33.80%
2 Vehicles Available987, 59.31%, see rank39.41%37.48%
3 or More Vehicles Available355, 21.33%, see rank21.60%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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