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Foreclosures in Oilton, OK

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5 View this home at E Wood St Drumright OK 74030
Preforeclosure
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$66,751 EMV
E Wood St
Drumright, OK 74030
Single-Family
|
3 |
2
|
1,568
EST. RENT: $1,121
|
AUCTION: 05-06-2024
Single-Family
|
3 |
2
|
1,568
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Top Reasons To Live In Oilton, OK In 2024

Oilton is located in Creek, Oklahoma, with an estimated municipal population of 1,014 residents. All of the best foreclosed homes for sale in Oilton are located in the following zip code areas on Foreclosure.com: 74052. The estimated population per square kilometer (.62 miles) in Oilton is 369.


Cost Of Living In Oilton, OK

So, about how much do homes cost in Oilton? The most recent median value of resident-owned homes in Oilton is 42,686. An estimated 62.5 percent of households in Oilton own their homes, with an average family size of 3.08. The median household income in Oilton is 31,563, with7.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Oilton, the median commute time of resident workers (in minutes) is 25.1. And last, but certainly not least, are you looking for homes to rent in Oilton? If so, the average rent price paid by renters in Oilton is 635, according to recent statistics.


Diversity And Demographics In Oilton, 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 Oilton, 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 Oilton is 34.8, split between 49 percent male versus 51 female. The percentage of residents who report being married in Oilton is 50.7, with an average family size of 3.08.

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

White 92.2%
Black / African American 0.1%
Asian 0%
American Indian / Alaskan Native 6.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1%
Other 0%

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

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

Under 10 15.6%
Aged 10-19 14.6%
20s 13.2%
30s 10.2%
40s 9.6%
50s 15.8%
60s 8.2%
70s 9.4%
80+ 3.5%

Best Schools In Oilton, 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 Oilton with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Oilton.


Pros And Cons Of Living In Oilton, Oklahoma

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

  • 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 Oilton.


Reasons To Move To Oilton, 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 Oilton can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Oilton, meanwhile, can field multiple offers from more qualified buyers.

Oilton, OK Foreclosures


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