Oklahoma City, OK has seen a strong housing market in the last year, with a median house value of 187,700 - well below the US median of 338,100. Despite the lower median value, Oklahoma City has seen an impressive 11.75% increase in values over the past year - far higher than the 8.27% national average. This makes Oklahoma City a great place to look for buyers hoping to benefit from an increasing housing market.
The median home cost in Oklahoma City is $187,700. Home appreciation the last 10 years has been 76.2%. Home Appreciation in Oklahoma City is up 14.0%.
Average Age of Homes
- The median age of Oklahoma City real estate is 40 years old
The Rental Market in Oklahoma City
- Renters make up 36.5% of the Oklahoma City population
- 3.4% of houses and apartments in Oklahoma City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.