City:

Gore, OK

Gore is a city in the state of oklahoma with a population of roughly 3,328. It is in Sequoyah County, Oklahoma the Fort Smith, AR-OK core-based statistical areas (CBSA), Its Zip codes include 74435 .

The Price of Home in Gore, Oklahoma

Real estate in Gore, OK is a hot commodity. With an average list price of $269,000 and an average sale price of $339,000, homes in this town are selling quickly. The median household income in Gore is just over $60,000 and the population is just over 1,500 people.

The real estate market in Gore has been steadily growing since 2007 when the market peaked at an average list price of $309,000. In 2016 the average list price was down to $269,000 but the sale prices were up to an average of $339,000. This trend may continue as there are currently 41 active listings and only 12 sold in 2017 so far.

There are a few reasons why homes are selling quickly in Gore. First and foremost is that there is a limited supply of properties available for purchase which has driven up prices significantly. Secondly, many people who live in Gore commute to work outside of town which means they have more money to spend on housing than people who live within Gore's city limits. Finally, many people who live in Gore own their home outright which gives them more stability when looking for property investment opportunities or when trying to sell their home quickly due to a change in circumstances such as job relocation or family growth.

Price Index: Fort Smith, AR-OK

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