Similar to its nearby areas, it is substantially less expensive compared to the entire nation. It is significantly less expensive compared to the city of Tulsa.
Home prices
The cost of the median home in Nowata is $67,000. Compared to its nearby areas it is about $720 (1%) lower.In comparison to the US as a whole it is about $150,500 (69%) lower, and compared to the city of Tulsa it is approximately $72,900 (52%) lower.
Rents
The median monthly rent in Nowata is $587. It is approximately $140 (19%) lower in comparison to its surrounding areas.It is approximately $475 (44%) lower compared to the US as a whole, and it is roughly $242 (29%) lower in comparison to the city of Tulsa.
Nearby places
Delaware
Delaware is roughly 5 miles north from Nowata. Its real estate prices are a lot less expensive. The median home in Delaware costs $45,700, which works out to $21,300 (46%) lower than Nowata. The rent there is pretty similar. In Delaware the median rent is $575 a month, which is $12 (2%) lower than Nowata.
New Alluwe
New Alluwe is roughly 9 miles southeast of Nowata. The housing prices there are significantly less expensive. The median home cost in New Alluwe is $32,100, which works out to $34,900 (108%) lower than Nowata. The rent there is a bit more expensive. New Alluwe's median rent is $625 a month, which is $38 (6%) higher than Nowata.
Lenapah
Lenapah is approximately 10 miles north of Nowata. Housing prices there are somewhat less expensive. The median home in Lenapah is valued at $51,300, which comes out to $15,700 (30%) lower than Nowata. Its rents are somewhat more expensive. The median monthly rent in Lenapah is $647, which is $60 (9%) higher than Nowata.
Talala
Talala is about 12 miles south of Nowata. Its real estate prices are somewhat more expensive. Talala's median home value is $86,300, which comes out to $19,300 (22%) higher than Nowata. Rents there are significantly more expensive. Talala's median rent is $1,042 per month, which comes out to $455 (43%) higher than Nowata.
Bartlesville
Bartlesville is roughly 15 miles west from Nowata. The real estate prices there are a lot more expensive. Bartlesville's median home price is $123,200, which is $56,200 (45%) higher than Nowata. The rent there is a bit more expensive. Bartlesville's median rent is $744 per month, which is $157 (21%) higher than Nowata.