Oklahoma City Housing Market
Oklahoma is one of the top housing markets to look at right now. They are among the top most affordable cities to own property in.
Population Growth
Based on data from the recent U.S. Census report, Oklahoma City is now the 25th largest city in the United States. Since 2010, OKC has grown more than 12%.
Affordability
Though home values have increased by 18% YoY, Oklahoma City is among the most affordable housing market. Home prices average around $188,000. According to the Annual Housing Affordability Survey, OKC is ranked in the top 3 affordable markets.
Demand
Oklahoma City is currently a seller’s market, meaning there are more buyers than sellers. Many markets are seeing about 60 days on market, but Oklahoma City is seeing an average of 36 days on market.
Community
Oklahoma City is known for having many colleges and universities in the area. There are 5 public universities in Oklahoma City and its neighboring suburb. This offers a diverse set of renters - from students to families.
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