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Cheap Homes in Broken Arrow, OK

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View this home at E 48th St N Tulsa OK 74126
Preforeclosure
VIEW DETAILS
$51,122 EMV
E 48th St N
Tulsa, OK 74126
Single-Family
1
|
1,644
EST. RENT: $1,430
|
AUCTION: 04-23-2024
Single-Family
1
|
1,644
View this home at S Peoria Ave Tulsa OK 74136
Preforeclosure
VIEW DETAILS
$50,523 EMV
S Peoria Ave
Tulsa, OK 74136
Condo
2
|
0
EST. RENT: $640
|
AUCTION: 04-23-2024
Condo
2
|
0
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Top Reasons To Live In Broken Arrow, OK In 2024

Broken Arrow is located in Tulsa, Oklahoma, with an estimated municipal population of 110,198 residents. All of the best foreclosed homes for sale in Broken Arrow are located in the following zip code areas on Foreclosure.com: 74014 74011 74012 74013. The estimated population per square kilometer (.62 miles) in Broken Arrow is 688.


Cost Of Living In Broken Arrow, OK

So, about how much do homes cost in Broken Arrow? The most recent median value of resident-owned homes in Broken Arrow is 166,750. An estimated 73.7 percent of households in Broken Arrow own their homes, with an average family size of 3.15. The median household income in Broken Arrow is 73,119, with32.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Broken Arrow, the median commute time of resident workers (in minutes) is 21.1. And last, but certainly not least, are you looking for homes to rent in Broken Arrow? If so, the average rent price paid by renters in Broken Arrow is 1,037, according to recent statistics.


Diversity And Demographics In Broken Arrow, Oklahoma

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 Broken Arrow, 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 Broken Arrow is 37.3, split between 48.8 percent male versus 51.2 female. The percentage of residents who report being married in Broken Arrow is 56.6, with an average family size of 3.15.

The percentage of residents who report their race in Broken Arrow is as follows:

White 77.3%
Black / African American 4.2%
Asian 4%
American Indian / Alaskan Native 4.5%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 8.6%
Other 1.4%

Looking for family-friendly neighborhoods in and/or near Broken Arrow? Or maybe you are searching for 55+ active adult communities in and/or near Broken Arrow?

The percentage of residents who report their age in Broken Arrow is as follows:

Under 10 13.5%
Aged 10-19 14.5%
20s 12%
30s 13.8%
40s 13.4%
50s 12.5%
60s 11.1%
70s 6.1%
80+ 3.1%

Best Schools In Broken Arrow, Oklahoma

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 Broken Arrow with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Broken Arrow.


Pros And Cons Of Living In Broken Arrow, Oklahoma

How do you know that living in -- or moving to -- Broken Arrow is right where you need to be? Perhaps you grew up in Broken Arrow or already live nearby; therefore, the decision to buy a home in Broken Arrow is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Broken Arrow 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 Broken Arrow:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Broken Arrow.


Reasons To Move To Broken Arrow, Oklahoma, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Broken Arrow can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Broken Arrow, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Broken Arrow, OK


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