Second hand info, 80 acres on top of kiamichi mountain sold for 1 million to a young Texas couple.
Second hand info, 80 acres on top of kiamichi mountain sold for 1 million to a young Texas couple.
which county are you talking about. We have had a big run on people wanting to buy land in southeast OK.I seriously don't think so. They've drove the price of land up just like the Chinese. Some of this rocky Hill sides are $10,000 an acre .
I don't need any more people in my areawhich county are you talking about. We have had a big run on people wanting to buy land in southeast OK.
When I moved down to southeast oklahoma for a job, I sold my farm in north central ok and bought a quarter section of timber land for 150 an acre. My farm a few miles from the kansas border in north central OK sold for just over 1900 an acre. That was about 5 years ago. Prices down here have gone totally nuts since they are going to be building a wind farm in latimer county.I'd like to see ads for said rocky hillsides going for $10K an acre. Here's the thing. I run one of our companies locations in McAlester. I drive all over the SE part of the state from Prague to Stringtown to Wright City to Wister and North up to nearly Salisaw. We cover a huge area. I rent a lot of equipment to Texans who've bought hunting/rec land in some far out, way out of the way locations. I understand why they are doing it. That being said, Texans are sometimes paying a "premium" for some of this land out in the sticks but at the same time much of this land out in the sticks could have been bought by long time Okies for many decades and at very low/fair price, for decades, but they didn't. Now they want to complain that Texans are buying up all the land. The natural cycle of real estate is that prices will always rise and sometimes a bit faster when demand for it is higher. In most cases, real estate is one of the best investments over the long term one can get into.
10 years ago I would’ve probably taken a million for my 360 acres.Probably 10 years ago I had a guy asking if I would take 1 million for my 250 acres.
Well I grew up here and not interested in moving. I've seen a lot of changes over the years and none of them have helped this area as far as I'm concerned.10 years ago I would’ve probably taken a million for my 360 acres.
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