There are currently 171,571 real estate properties in Oklahoma City, OK, with a median automated valuation model (AVM) price of $158,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Oklahoma City, OK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Oklahoma City, OK, is $182,034.00, with the most expensive house in Oklahoma City, OK, topping out at $7,580,800.00 and the cheapest home in Oklahoma City, OK, clocking in at $20,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Oklahoma City, OK!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Oklahoma City, OK, is on a rollercoaster ride. The average rent price in Oklahoma City, OK, is $1,212.00. Indeed, when looking to rent in Oklahoma City, OK, you can expect to pay as little as $450.00 or as much as $4,140.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Oklahoma City, OK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Oklahoma City, OK area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Oklahoma City, OK and much more. Save thousands at closing with home foreclosure listings in Oklahoma City, OK — up to 75% off market value!
Oklahoma City is located in Oklahoma, Oklahoma, with an estimated municipal population of 655,057 residents. All of the best foreclosed homes for sale in Oklahoma City are located in the following zip code areas on Foreclosure.com: 73012 73013 73099 73097 73119 73118 73114 73117 73116 73111 73112 73020 73173 74857 73142 73141 73145 73149 73078 73109 73106 73107 73139 73132 73131 73135 73134 73008 73084 73105 73169 73162 73165 73102 73103 73054 73151 73150 73159 73064 73108 73104 73129 73179 73170 73049 73127 73120 73121 73122 73128 73101 73113 73124 73125 73126 73136 73137 73143 73144 73146 73147 73148 73152 73154 73155 73157 73163 73164 73167 73172 73178 73184 73189 73190 73194 73195. The estimated population per square kilometer (.62 miles) in Oklahoma City is 417.
So, about how much do homes cost in Oklahoma City? The most recent median value of resident-owned homes in Oklahoma City is 156,539. An estimated 58.9 percent of households in Oklahoma City own their homes, with an average family size of 3.33. The median household income in Oklahoma City is 55,557, with24 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oklahoma City, the median commute time of resident workers (in minutes) is 21.4. And last, but certainly not least, are you looking for homes to rent in Oklahoma City? If so, the average rent price paid by renters in Oklahoma City is 871, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Oklahoma City, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Oklahoma City is 34.1, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Oklahoma City is 45.8, with an average family size of 3.33.
The percentage of residents who report their race in Oklahoma City is as follows:
|Black / African American||14.3%|
|American Indian / Alaskan Native||2.9%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Oklahoma City? Or maybe you are searching for 55+ active adult communities in and/or near Oklahoma City?
The percentage of residents who report their age in Oklahoma City is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Oklahoma City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oklahoma City.
How do you know that living in -- or moving to -- Oklahoma City is right where you need to be? Perhaps you grew up in Oklahoma City or already live nearby; therefore, the decision to buy a home in Oklahoma City is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Oklahoma City for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Oklahoma City:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Oklahoma City.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Oklahoma City can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oklahoma City, meanwhile, can field multiple offers from more qualified buyers.